Rising household debt threatens jobs, lending and growth
Finance
Business
November 9, 2026
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GEISHA KOWLESSAR-ALONZO
Economists have backed the Central Bank’s warning about rising household debt, cautioning that excessive borrowing could have wider implications for financial stability, business activity and economic growth in Trinidad and Tobago.
Their comments follow the Central Bank’s identification of household indebtedness as a key risk to the country’s financial system in its Financial Stability Report 2025. The report raised concerns about borrowers’ ability to service their debt amid broader economic uncertainty.
Finance
Business
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