Rating and Investment Information, Inc. revised the credit rating outlook for the Philippines to "positive" while maintaining its investment-grade rating.
Rating and Investment Information, Inc. , a debt watcher based in Japan, has upgraded its credit rating outlook for the Philippines to"positive" from"stable" while maintaining its investment-grade rating. Finance Secretary Benjamin E. Diokno said that R&I’s improved outlook brought the Philippines closer to the government’s goal of an “A” rating within President Marcos’ term.
To achieve these goals, the government is committed to a plan called the Medium-Term Fiscal Framework.
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