Business
Trinidad and Tobago economy expected to grow in 2012
Monday, April 16, 2012
The Trinidad and Tobago economy is making a turnaround following the global economic recession.
According to a March 25, 2012 report from the International Monetary Fund (IMF), the country’s economy was expected to show growth in 2012.
That report outlined that commercial bank credit, especially in the business sector, expanded since mid-2011 for the first time since early 2010, while retail sales increased by 6.4 percent up to the third quarter of 2011.