S&P trims Philippines’ growth outlook on trade risks

**S&P Global Ratings Cuts Growth Outlook for Philippines Through 2027**

MANILA, Philippines – S&P Global Ratings has revised its growth outlook for the Philippines through 2027, extending into the penultimate year of President Marcos’ term.

The credit rating agency trimmed its projections, citing mounting global headwinds as key factors influencing the downgrade. Among these challenges, higher US tariffs stand out as a significant threat that could cool investment flows into the country.

Despite the revised outlook, the agency noted that the Philippines’ growth pace is expected to remain close to the government’s official targets.
https://business.inquirer.net/548638/sp-trims-ph-growth-outlook-on-trade-risks

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