This photo taken on January 29, 2019 shows a general view of the skyline of the financial district of Makati in Manila. (Photo by Ted ALJIBE / AFP)

MANILA, Philippines – S&P Global Ratings has trimmed its growth outlook for the Philippines through 2027, extending into the penultimate year of President Marcos’ term. However, the pace of growth is not expected to stray far from the government’s official targets.

The credit rating agency pointed to mounting global headwinds—most notably higher US tariffs—that threaten to cool investment flows.

https://business.inquirer.net/548638/sp-trims-ph-growth-outlook-on-trade-risks

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