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Government committed to Resurgence in Manufacturing 08/01/2021: The Ministry of Trade and Industry (MTI) is encouraged by emerging signs of resurgence in manufacturing as indicated by the Central Bank of Trinidad and Tobago (CBTT) in its most recent Monetary Policy Announcement in December, 2020. This result is indicative of Government’s support to the Manufacturing sector and the wider private sector and the activities and willingness of this group to invest and expand. Trinidad and Tobago’s Manufacturing sector remains important and dynamic to the economy. As the third largest contributor to the country’s Gross Domestic Product (GDP), the Manufacturing sector is recognized as a catalyst for achieving economic transformation and diversification through the reduction in the country’s food import bill, import substitution, generation of foreign exchange through exports and provision of sustainable employment.

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