S&P Global Ratings has revised its outlook on the Philippines from stable to positive, indicating that effective policymaking has led to structural improvements in the country’s fiscal health.
The post Philippines’ economic outlook upgraded to positive due to better fiscal health: S&P Global Ratings first appeared on Asia Gaming News | AGB – Asia Gaming Brief.
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The state-owned gaming firm was created during the Martial Law years by virtue of a Presidential Decree (PD) 1067-A issued by then President Ferdinand Marcos in response to calls for the Philippine government to put a stop to the growing proliferation of illegal casino operations in various parts of the country.
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