The In­ter­na­tion­al Mon­e­tary Fund (IMF) yes­ter­day pro­ject­ed that the T&T econ­o­my would grow by 0.8 per cent in 2026, and that in­fla­tion is ex­pect­ed to rise tem­porar­i­ly to around 3.1 per cent this year.

In its Ar­ti­cle IV Con­sul­ta­tion on T&T, which was com­plet­ed on Fri­day but pub­lished yes­ter­day, the IMF said the high­er in­fla­tion re­flect­ed glob­al com­mod­i­ty price de­vel­op­ments.

The staff mis­sion of the Wash­ing­ton DC-based in­ter­na­tion­al fi­nan­cial in­sti­tu­tion said the coun­try’s over­all fis­cal deficit is ex­pect­ed to de­cline to 4.6 per cent of GDP in 2026 (from 5.5 per cent in 2025), and in­ter­na­tion­al re­serves are ex­pect­ed to re­main ad­e­quate around 5.5 months of im­ports.