Media Release: S&P Affirms Trinidad and Tobago’s Investment Grade Rating but Revises Outlook, Highlighting the Need for Reforms
Today, the rating agency Standard & Poor’s (S&P) affirmed Trinidad and Tobago’s investment grade rating at BBB-, while revising the outlook from stable to negative. S&P’s affirmation of Trinidad and Tobago’s investment grade status reflects the country’s long established democratic institutions, economic stability, favourable external profile and buffers (“This profile includes a strong external creditor…
