IMF warns pressure is mounting on Trinidad to loosen grip on currency
Published on: Sunday 22 February 2026
The International Monetary Fund (IMF) has warned that Trinidad and Tobago will need stricter control of government spending and higher interest rates to maintain its fixed currency, as reserves fall and the government struggles to narrow its wide budget gap. In its latest review of the country’s economy, the IMF said defending the exchange rate has required repeated sales of US dollars by the central bank, contributing to a steady...
News source: https://www.jamaicaobserver.com/2026/02/22/imf-warns-pressure-mounting-trinidad-loosen-grip-currency/
