Fast Five Reasons Why Moody's Upgraded the Philippines Again | Marvin Germo

Fast Five Reasons Why Moody’s Upgraded the Philippines Again

By: Marvin Germo | December 11, 2014

As the PSE is being battered down as of this moment, the Philippine credit rating has been raised but again!  As other counties are being downgraded we have been consistently moving up.  As of today, the ratings agency Moodys upgraded us once again and moved us from Baa3 to Baa2!  This places us two notches above the investment rating echelon.  Greater days are all in store for us and the best has yet to come!

If you want to know more why they upgraded our amazing economy, here are the “Fast Five Reasons Why Moody’s Upgraded the Philippines Again”  #FastFive

1.  Philippine debt just keep on going down and the central bank has so much cash at its disposal!

Moodys Debt

2.  Greater prospects for strong economic growth and limited vulnerability to the common risks.

Economic Growth

3.  Because of the government’s emphasis on good governance, the Philippines have rose through the  ranks of cross-country  surveys in terms of institutional quality.

Daang Matuwid

4.  Also as the BSP continues to be amazing at maintaining price and financial stability, very favorable local banking condition have been prevalent!

BSP

5.  The Philippines is also less reliant on China, which is currently slowing down.

China Down

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