Philippine credit rating hopes slip away – Flapraze.buzz

Philippine credit rating hopes slip away

MANILA, Philippines — The Philippines’ push to secure an “A” credit rating has suffered a setback after two major credit rating agencies turned more cautious on the country’s outlook, placing greater pressure on the Marcos administration to safeguard fiscal health while sustaining economic momentum. The Department of Finance (DOF), however, maintained that the country’s investment-grade

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