S&P Global Ratings recently affirmed its ‘BBB+’ long-term and ‘A-2’ short-term sovereign credit ratings on the Philippines.
The outlook on the long-term rating remains positive.
The ratings reflect the country’s above-average economic growth potential.
Policy settings in the country have helped keep economic performance strong, and have sustained fiscal spending on public investment.
The outlook on the long-term rating remains positive.
The ratings reflect the country’s above-average economic growth potential.
Policy settings in the country have helped keep economic performance strong, and have sustained fiscal spending on public investment.
