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Fitch Affirmed Philippines at 'BBB'; Outlook Stable

January 11, 2021
Fitch Affirmed Philippines at 'BBB'; Outlook Stable.
Reasons: The affirmation of the Philippines' 'BBB' rating and Stable Outlook balances modest government debt levels relative to peers, robust external buffers and still-strong medium-term growth prospects, notwithstanding the deep pandemic-induced economic contraction, against relatively low per capita income levels and indicators of governance and human development compared to peers.

Source: Fitch Ratings
Company — Philippines
  • Full name
    Republic of the Philippines
  • Registration country
    Philippines