S&P Affirms TCI’s Strong A-/Stable Rating
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S&P Affirms TCI’s Strong A-/Stable Rating
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- Economy and finance: S&P Global Ratings affirmed the Turks and Caicos Islands’ sovereign rating at A-/Stable/A-2 for both foreign and local currency. The stable outlook reflects balanced risks with strong institutions, sustained growth, and robust finances. Key positives include very low government debt, sizable cash reserves (~US$430 million, ~23% of GDP as of 2025), and an expected net asset position around 52% of GDP from 2026–2029. Inter
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