Trinidad and Tobago’s resilience during this pandemic was bolstered by a number of existing structural factors and its prudent fiscal management. Despite the fall in commodity prices in 2014 to 2016, the local economy has been on the road to recovery due to a number of new energy projects in the latter half of the previous decade. However, worldwide lockdowns to contain the spread of COVID-19 has presented challenges with stimulating economic growth and generating revenue. Notwithstanding the increased uncertainty and other difficulties brought about by the pandemic, the local securities market has remained resilient while adapting to ‘the new normal’ and continued to contribute significantly to the country’s Gross Domestic Product (“GDP”).
Read the Market Bulletin here—> Securities Market Bulletin #7