The Treasury Minister doesn't feel a potential downgrade of the Island's bond ratings will have a major impact on the Manx economy.
Moody's is set to review the AAA status.
It's thought if the ratings agency does downgrade the Island it will be because of external pressures, rather than domestic finances.
Eddie Teare:
Construction sector facing 'perfect storm'
Rising fuel prices and skills shortage among challenges for Island's builders
Property sales and prices down in April
Average sale price dropped by 2.3%
Scallop fishing season drawing to a close
Scallops landed this season are reported to be of high quality
How do you spot counterfeit notes?
Warning over fake £20 notes circulating on Island
