Study of Municipal Finance: The Case of Local Government in Trinidad and Tobago

In pursuit of its policy objective of supporting member countries in promoting the democratization of sub-national governments, the Inter-American Development Bank has commissioned studies on municipal finances in five Latin American and Caribbean countries. This Knowledge Creation Project [KCP] is aimed at small countries with unitary governmental structures that include local authorities responsible for delegated functions. The five countries included in the exercise are Costa Rica, Dominican Republic, El Salvador, Panama, and Trinidad and Tobago, which is the subject of this study.