28
Mar 2024
Climate Change and the Balance of Payments: Considerations for Trinidad and Tobago (Working Papers, WP 02/2024)
Climate change mitigation and adaptation policies entail significant risks to commodity exporters such as Trinidad and Tobago. In particular, transition risk can negatively affect domestic economic activity and the external accounts. Consequently, this paper seeks to assess the impact of transition risk on Trinidad and Tobago's balance of payments.
28
Mar 2024
Measuring Price Spillovers: An Investigation of Relative Price Changes in Trinidad and Tobago (Working Papers, WP 01/2024)
The recent surge in inflation globally has raised concerns about the future dynamics of inflation. This has urged policymakers to go beyond the aggregate level of inflation to shed light on the factors that can cause its persistence.
28
Mar 2024
Monetary Policy Announcement - March 2024
Central Bank maintains Repo Rate at 3.50 per cent. Global economic growth for 2024 is forecast at 3.1 percent, according to the International Monetary Fund, the same rate as estimated for 2023. Most central banks in advanced and emerging market economies have either held their policy rates stable or have lowered their rates in recent months in the context of inflationary developments.