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Trinidad and Tobago

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  • International Monetary Fund
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    Abstract

    This paper analyzes the historical and current energy booms of Trinidad and Tobago, and points out the main policy issues during boom times. It provides practical suggestions on the long-term management of the expected resource windfall in Trinidad and Tobago, and outlines theoretical guidelines to calculate sustainable consumption out of energy wealth and targets sustainable levels of non-energy fiscal deficits. It discusses the developments, main policy issues in the state-owned nonfinancial enterprise sector, and the proposed restructuring plan for the state sugar company. It also provides a Statistical Appendix for Trinidad and Tobago.

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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=16771
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    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Staff Country Reports with number 03/233.

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    Length: 70
    Date of creation: 04 Aug 2003
    Date of revision:
    Handle: RePEc:imf:imfscr:03/233

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    Postal: International Monetary Fund, Washington, DC USA
    Phone: (202) 623-7000
    Fax: (202) 623-4661
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    Web page: http://www.imf.org/external/pubind.htm
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    Related research

    Keywords: Economic conditions; Statistics; expenditures; oil and gas; fiscal policy; oil prices; oil revenues; expenditure; gas reserves; natural gas; gas production; capital expenditures; recurrent expenditures; oil production; gas discoveries; natural resources; probable reserves; public expenditures; oil extraction; oil company; gas producer; fuel demand; liquefied natural gas; public spending; million barrels; composition of expenditures; natural gas development; higher oil prices; public external debt; expenditure categories; total expenditures; economic studies; gas development; total expenditure; crude oil; oil reserves; cutting expenditures;

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    Cited by:
    1. International Monetary Fund, 2005. "Trinidad and tobago," IMF Working Papers 05/197, International Monetary Fund.

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