T&T governor calls for productivity reforms
Alvin Hilaire says improvement still required despite recent increase in productivity
Improved data collection, among other reforms, could help build on recent strong productivity growth in Trinidad and Tobago, the country’s central bank governor Alvin Hilaire has said.
Hilaire argued policy-makers must consider reforms “quite seriously” – in areas such as statistics, education, human resources and labour unions – to support the upwards-trending productive potential of the economy.
Between 2017 and 2018 there was a 13.4% increase in productivity in non-energy sectors, and a 9.4
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