S&P Global Ratings has reaffirmed Trinidad and Tobago’s investment-grade credit rating of BBB-. The decision preserves the country’s investment-grade standing and recognises its favourable external position, strong external creditor position and substantial national assets, including the Heritage and Stabilisation Fund.

On Monday 22nd June, 2026, the Customs and Excise Division (C&ED) successfully intercepted a shipment containing marijuana and a firearm during an intelligence-led operation conducted at a Customs Bonded Area in Port of Spain. The detailed examination of cargo consigned to a retired Customs and Excise Guard resulted in the discovery of eleven (11 packages) containing a green plant like substance resembling that of the Dangerous Drug Marijuana with an estimated street value of $1.4 million TTD, as well as a separate package containing a black metallic object resembling that of a firearm concealed within a washer and dryer.

The Ministry of Finance (MOF) wishes to alert the public to a fraudulent video currently circulating on social media platforms which falsely portrays the Minister of Finance, the Honourable Davendranath Tancoo, MP. The video in question utilises manipulated audio and video technology commonly known as a “deepfake” to mimic the Minister’s likeness and voice. In this fictitious footage, the Minister is falsely depicted as endorsing a specific individual, foreign exchange (Forex) trading platforms, and financial investment schemes (specifically referencing “Nadia Sanchez” and “Bullfield Holdings”).

“Today, international rating agency Moody’s has raised Trinidad and Tobago’s rating outlook from “Negative” to “Stable”, while affirming the country’s Ba2 rating. This development follows closely on the IMF’s Article IV consultation and signals increasing international confidence in the policy direction pursued by the Government since taking office one year ago. Two of the world’s most respected international institutions have now independently reached similar conclusions, sending a clear message: the Government’s strategy is producing results, and Trinidad and Tobago is regaining economic momentum.

The rating agency highlighted the country’s improved external prospects and, notably, the proactive debt management strategy undertaken by the Government, including the international bond issuance in January that enabled a partial redemption of the US$1 billion August 2026 bond which significantly improved the country’s debt maturity profile. This is the direct result of deliberate, disciplined choices made by the new administration to strengthen the country’s financial footing and reduce external vulnerabilities.”

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