S&P affirms PH's BBB+ investment-grade rating

By Eireene Jairee Gomez

Nov 18, 2022 12:20 am

S&P Global Ratings on Thursday affirmed the Philippines' investment grade rating, citing healthy economic growth and a likely improvement in the country's finances.

Upheld were the 'BBB+' long-term and 'A-2' short-term sovereign credit ratings with a 'stable' outlook.

A general view of buildings in Makati City on Nov. 10, 2022. AFP PHOTO

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