The Finance Ministry says Moody’s Investors Services has improved T&T’s credit rating outlook from stable to positive.

In a media release, Finance Minister Colm Imbert called the move affirmative action, acknowledging the outcome of T&T’s efforts throughout various shocks, including COVID-19 and oil and gas prices.

The Ministry believes it is also an acknowledgment of policy effectiveness and government’s capacity to implement long-term reforms in restructuring subsidies and improving revenue collection.