2026-04-21 08:01:43
Fitch Downgrades Philippines Credit Outlook to Negative, Signaling Risk of Rating Cut
Gate News message, April 21 — Fitch Ratings downgraded the Philippines' credit outlook to negative from stable on Monday, April 20, while affirming its "BBB" credit rating. The negative outlook places the rating at risk of a cut within the next 18 to 24 months.
Fitch cited two main drivers for the