‘US tariffs pose downside risk to PHL credit rating’

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The story "‘US tariffs pose downside risk to PHL credit rating’" was covered 13 hours ago by Business Mirror, a news publisher based in Philippines.

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‘US tariffs pose downside risk to PHL credit rating’ - Business Mirror

Quick Summary:

While the Philippines could clinch a credit rating upgrade from S&P Global Ratings within two years, the impact of United States tariffs on growth and fiscal slippage pose downgrade risks.

The Philippines currently holds investment grade rating of BBB from Fitch Ratings and BAA2 from Moody’s Ratings.

The country’s economic managers aim to secure a credit rating upgrade to “A” within the term of President Ferdinand Marcos Jr.’s term.