Fitch Ratings lowered the Philippines' credit rating outlook to negative citing the increasing risks to the country's credit profile.

In a statement late Monday, Fitch Ratings affirmed the Philippines' long-term foreign-currency issuer default rating (IDR) at "BBB" and revised the outlook to negative from stable.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details