The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that the latest statistics for actual economic growth for 2022, published by the Central Statistical Office (CSO) on its website, as it continues to refine its data, are better than previously estimated.

Instead of a decline of -0.1% in Real Gross Domestic Product (GDP) in Trinidad and Tobago in the first quarter of 2022, as previously estimated by the CSO, the CSO has now advised that it actually grew by 1.6%. Further, according to the CSO, Real GDP grew by a substantial 6.6% in the second quarter of 2022.