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S&P Global Ratings lowered its outlook on the Philippines to stable from positive, citing risks from the Iran war on the country's balance of payments and fiscal position.
Updated ·First reported ·1 source
Summary
S&P Global Ratings lowered its outlook on the Philippines to stable from positive. The agency cited the war in the Middle East as a factor that has raised risks for the country's balance of payments and fiscal position.
Key Facts
- •S&P Global Ratings lowered its outlook on the Philippines to stable from positive.[1]confirmed
- •The outlook change is attributed to risks from the war in the Middle East affecting the country's balance of payments and fiscal position.[1]confirmed
Locations
PhilippinesPhilippines, Asia
12.88, 121.77IranIran, Middle East
32.43, 53.69Sources (1)
- initial report
Changelog
initial reportv1
Automated synthesis
Show summary
S&P Global Ratings lowered its outlook on the Philippines to stable from positive. The agency cited the war in the Middle East as a factor that has raised risks for the country's balance of payments and fiscal position.
- • S&P Global Ratings lowered its outlook on the Philippines to stable from positive.
- • The outlook change is attributed to risks from the war in the Middle East affecting the country's balance of payments and fiscal position.