Finance Minister Colm Imbert says after T&T faced a long and discouraging period of economic decline, there are now signs of an upturn.
Minister Imbert says indicators point to a 2 percent growth forecast for this year.
But he is cautioning that the country still needs to be careful at this point and exercise a level of discipline.
As he delivered his Mid-Year Budget Review,
Judy Kanhai has more in this report.