Trinidad and Tobago - Annual Report 2007
Trinidad and Tobago's external position remained robust as a result of high energy prices, with a current account surplus estimated at 20% of GDP, reveals the Central Bank of Trinidad and Tobago's latest annual report.
The stock of foreign exchange reserves increased by $1.5 billion to $6.7 billion at year-end.
The economy recorded real growth in 2007 of around 5.5%, a substantial slowdown from the previous year's rate of 12.2%, when two large-scale industry projects took place, says the report
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