The Trinidad & Tobago Chamber of Industry and Commerce notes the decision by S&P Global Ratings to revise the country’s outlook from stable to negative while affirming our sovereign credit rating at BBB-. This development underscores the challenges that our members have experienced and which we have been addressing via our advocacy and initiatives. The dependence on the energy sector, fiscal imbalances, foreign exchange shortages, and slow progress in diversification signal a need for coordinated action.