Moody's Upgrades Trinidad And Tobago's Outlook To Stable
International rating agency Moody’s has upgraded Trinidad and Tobago’s outlook from Negative to Stable, while affirming the country’s Ba2 credit rating.
The Ministry of Finance says the outlook upgrade reflects growing international confidence in Trinidad and Tobago’s economic direction. It follows the recent IMF Article IV consultation, which also pointed to an improving fiscal position and sustainable debt levels.
Moody’s cited stronger external prospects and the Government’s debt management strategy, including a January bond issuance that improved the country’s debt repayment profile. The agency also noted that Trinidad and Tobago maintains substantial financial buffers through the Heritage and Stabilisation Fund and foreign reserves.
The rating agency further acknowledged the country’s removal from the European Union’s list of non-cooperative tax jurisdictions and projected increased hydrocarbon production from late 2027.
Finance Minister Davendranath Tancoo described the upgrade as a strong signal of renewed confidence in Trinidad and Tobago’s economic direction, adding that the Government remains committed to fiscal consolidation, institutional reform and economic diversification.
