Moody’s Affirms Philippines Baa2 Rating with Stable Outlook

PH earns double vote of confidence from global rating agencies; more investments, jobs seen

MANILA, Philippines — Malacanang on Tuesday said the Philippines has secured back-to-back credit rating approvals from two leading global agencies that could translate to job creation, and better public services funding.Executive Secretary Ralph Recto said the double vote of confidence from Rating and Investment Information, Inc. (R&I) and Moody’s reflected continued confidence in the country’s economic strength and ability to attract investment…

Moody’s affirms Philippines Baa2 rating with stable outlook

Moody’s Ratings has affirmed the Philippines’ investment-grade credit rating at Baa2 with a stable outlook, but warned that weaker economic growth, deteriorating debt affordability and rising political uncertainty could test the country’s fiscal consolidation efforts.

Moody’s affirms Philippines’ Baa2 rating

Updated at 9:30 p.m. on August 24, 2026 MANILA, Philippines — Moody’s Ratings on Monday affirmed the Philippines’ investment-grade “Baa2” rating, maintaining a stable outlook as it expects a recovery in economic growth to help stabilize the country’s fiscal metrics over the next two years. In its latest rating action, Moody’s said it now expects economic