Fitch retains PH outlook, investment grade rating

Debt watcher Fitch Ratings has kept the country’s investment grade status with a “stable” outlook, citing the country’s strong medium-term growth prospects. Fitch Ratings expects the economy to expand by 5.8 percent in 2024, up from 5.5 percent last year, but adverse effects of the El Niño and La Niña climate phenomena may dampen economic
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