8 highlights of the 2018 Mid-Year Budget Review


The 2018 mid-year budget review has brought good news for Trinidad and Tobago where growth and economic recovery are concerned.

Finance Minister Colm Imbert delivered the list of positives in the mid-term review in Parliament Thursday morning, giving an account of the work Government has done thus far and the measures it intends to bring to achieve a full economic turnaround.

Here is a look back at some of the highlights of the Finance Minister’s presentation:

1. Economic recovery – According to Imbert, progress is truly being made with increased revenue collection, growth in the non-oil sector and a booming energy sector. He said Government is experiencing a “welcome upturn” with a growth forecast of two percent in 2018, 2.2 percent in 2019 and 2.5 percent in 2020.

Projected…

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