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MP for Diego Martin North East Colm Imbert says if the government continues on its current trend, it will send TT’s economy into recession by 2026, reversing the three years of economic growth from 2022-2024.

Giving his contribution during the Mid Year Review debate on June 18 at the House of Representatives, the former finance minister quoted from the International Monetary Fund’s June 2024 report.

“‘For the first time in a decade, Trinidad and Tobago is undergoing a gradual and sustained economic recovery. Real gross domestic product is estimated to have further expanded by 2.1 per cent in 2023, reflecting a strong performance of the non-energy sector. Inflation has declined sharply, mainly due to decelerating global food and imported goods prices.’”