Government of the Republic of Trinidad and Tobago

Tag: Moodys

Media Release: Moody’s Upgrades Trinidad and Tobago’s Rating Outlook from Negative to Stable: International Confidence Strengthens, as Another Major Institution Acknowledges the Government’s Strategy

“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…

Media Release: Moody’s affirms Trinidad and Tobago’s Ba2 rating with Stable Outlook

On December 16, 2024, Moody’s affirmed Trinidad and Tobago’s rating at Ba2 with a Stable outlook. This affirmation is underpinned by the country’s return to sustained growth, primarily driven by the non-energy sector.Despite lower-than-projected energy revenues in fiscal year 2024, which have increased the fiscal deficit to 4.8% of GDP from 1.7% in fiscal year…

Media Release: Moody’s Decision on Trinidad and Tobago’s Ratings Clashes with IMF recommendation on Debt Management under COVID

Today (November 19th), Moody’s announces that they brought the rating down by one notch, with a stable outlook.  The Honourable Colm Imbert, MP. Minister of Finance, has noted that “This decision by Moody’s collides with the policy advice we have received from all international organisations to protect our country and support the recovery in the…