The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that today, Standard and Poors, the international credit rating agency, has affirmed Trinidad and Tobago’s credit rating at BBB-, an Investment Grade Rating reflective of the country’s credit strength. S&P has also maintained its stable outlook for Trinidad and Tobago.

The country’s strong external assets and stable institutions support our Investment Grade Rating.

S&P points out that “the government’s large liquid financial assets mitigate the effect of economic cycles on the country’s public finances. S&P estimates these assets will represent about 47% of GDP during the outlook horizon.”