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FORMER finance minister Colm Imbert has warned that Trinidad and Tobago’s credit ratings “may be in jeopardy”, following a revision of the country’s outlook from stable to negative by ratings agency Moody’s as it mainly cited short-term risks tied to falling official foreign exchange reserves.

Imbert argued yesterday, that Finance Minister Davendranath Tancoo’s response to the outlook revision was a “defensive reaction”.

Responding to the Sunday Express via WhatsApp, Imbert said international credit rating agencies look at a number of indicators and factors when assigning a rating or an outlook to a country.