Fitch explains investment grade rating on Philippines


Posted at Mar 31 2017 04:57 PM | Updated as of Mar 31 2017 06:08 PM

MANILA - The Philippines remains at investment grade, with a possible outlook, meaning an upgrade is likely if certain conditions are met, according to debt watcher Fitch Ratings.

Sagarika Chandra, associate director for sovereign ratings, discusses the challenges ahead for one of Asia’s fastest-growing economies.

“We see strong economic growth as something that is looking quite good for the Philippines,” Chandra tells ANC’s “Market Edge with Cathy Yang.”