SPGlobalRatings

Romania's Credit Rating Faces Downgrade Amidst Escalating Budget Deficits

2 months ago

In a concerning development for Romania's financial reputation, the credit rating agency S&P Global Ratings has decided to downgrade the nation's debt outlook. The decision, which stems from an alarming increase in the country's budget deficit, has raised serious questions about Romania’s fiscal sustainability.

Philippines Credit Rating Poised for Upgrade Following Positive Outlook from S&P

4 months ago

The Philippines is on the verge of a significant credit rating upgrade as S&P Global Ratings has recently shifted its outlook on the country's creditworthiness from stable to positive. This change reflects a growing confidence in the economic recovery of the Southeast Asian nation, driven by strong government reforms and resilience amid global economic challenges.

Senegal Commits to Rapid Response to Budget Deficit After Ratings Downgrade

6 months ago

In a swift move to address financial concerns, Senegal has pledged decisive action to manage its budget deficit following a recent downgrade in its credit rating. This firm commitment emerges in response to the rating cut issued by S&P Global Ratings, reflecting economic challenges faced by the West African nation.