BusinessWorld E-paper
April 22, 2026
THE PHILIPPINES might miss its target of achieving an “A”-level credit rating within the next two years as another debt watcher cut its outlook for the country, with the Middle East war and slowing public investments putting the country’s growth prospects at risk.
On Monday, Fitch Ratings affirmed the Philippines’ long-term foreign-currency issuer default rating at “BBB” but downgraded its outlook to “negative” from “stable.”
