AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Byline: Clarissa S. Batino
THE JAPAN Credit Rating Agency is expected to maintain its investment grade rating for the Philippines amid concerns over the Macapagal administration's growth target, fiscal discipline and foreign fund-raising plans.
Finance Secretary Jose Isidro Camacho said a visiting team from the rating firm was expected to recommend maintaining the Philippines' triple B rating, a mark equivalent to an investment grade.
"I told the Japan rating firm that their decision is being vindicated as other credit rating agencies are following suit and giving the Philippines a better mark," said the finance chief.
Still, the Japan …