Moody’s Hints at Upgrade

Moody’s Investors Service has hinted at the possibility of the Philippines securing another credit rating upgrade soon, on the likelihood that the pace of the country’s economic growth will be among the fastest in the region. In its latest commentary on the Philippines, Moody’s said developments in the Philippines’ favor include robust economic growth and the government’s declining debt burden and liability management strategies.

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Source: Philippine Daily Inquirer

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