BusinessWorld E-paper
November 18, 2022
S&P GLOBAL RATINGS affirmed on Thursday the Philippines’ investment grade rating, amid the economy’s continued recovery from the pandemic.
“The Philippines’ economy is rebounding healthily, spurred by
strong domestic demand as the country lifts mobility restrictions
and fully reopens… We affirm our ‘BBB+’ long-term and ‘A-2’ shortterm sovereign credit ratings on the Philippines,” it said in a statement.
