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FORMER minister in the ministry of finance Mariano Browne has expressed concern about Standard and Poor's (S&P) 2025 assessment which hints at a possible downgrade of Trinidad and Tobago's credit ratings if government does not take action within a particular time frame.

In its report, S&P said TT's fiscal and external buffers eroded over many years, reflecting the limited effectiveness of long-standing efforts to boost GDP growth and strengthen fiscal management.

As a result, S&P revised its credit outlook on TT from stable to negative.