Standard and Poors

Finance Ministry: 'Stable' outlook reflects S&P’s belief in current economic policies

The Ministry of Finance says the "stable" outlook that Standard and Poors has given this country, reflects a belief that the current economic policies employed by the Government are working.

The Ministry says fiscal and monetary policy adjustments also contributed to the stable outlook.

The Ministry issued the following statement Tuesday morning:

"On April 21, 2017, Standard and Poor’s (S&P) lowered its long-term sovereign credit ratings for the Republic of Trinidad and Tobago from “A-” to “BBB+”.