Japan-based credit rating agency gives PH a “positive” outlook, affirms BBB+ rating
Rating and Investment Information, Inc. (R&I), a Japan-based credit rating agency, has affirmed the Philippines’ credit rating of “BBB+” and revised its outlook from “stable” to “positive.” In a report released last August 7, 2023, R&I cited the country’s robust macroeconomic fundamentals, improving fiscal position, sound banking system, comfortable external payments position, and stable […]
