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The ABCs of T&T’s economic ratings

S&P ratings are considered essential to driving growth, providing transparency and more. 

A few weeks ago, the ubiquitous headlines revealed a downgrade from Standard and Poor’s (S&P) regarding the national economic outlook. Given the recriminations and the ‘confuffling’ banter that usually occupies the political space after such an announcement, I opted to go straight to the source of the information—the S&P website (https://www.standardandpoors.com).

In case you wonder about the credibility of S&P, they have been in business for more than 150 years and are recognised as the world’s leading provider of credit ratings for government, corporate, structured finance entities, among others.

S&P ratings are considered essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence.

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