By Katherine K. Chan, Reporter
S&P GLOBAL RATINGS continues to see strong credit rating prospects for the Philippines as it remains optimistic on the country’s growth fundamentals despite drags from the recent flood control corruption scandal.
Speaking at a webinar on Thursday, Yee Farn Phua, director for sovereign and international public finance ratings at S&P Global Ratings, said the Philippine economy will likely rebound immediately once the flood control controversy wanes.
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