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T&T’s potential rebound in the oil and gas sector in the near future, as well as continued energy sector development in Guyana and Suriname, has led to split foreign assessments of economic growth and recovery in the Caribbean for 2026 to 2027.
The projections, according to reports from both the World Bank and Afreximbank released last week, note a significant distinction between growth expected in countries with major energy sector investments due to come onstream in the next 12 to 18 months, and those with traditional tourism-dependent economies.
In the World Bank’s report entitled Latin America & the Caribbean Economic Update, with the subheading Revisiting Industrial Policy: Strategic Options for Today, which was released on April 8, 2026, this dichotomy was especially highlighted.
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