PH credit ratings at risk if 'wrong' leaders elected – Palace

MANILA, Philippines – Malacañang warned Filipinos that the improved credit ratings of the country would be at risk if "wrong" leaders are elected.

On April 21, global credit rating agency Standard & Poor's (S&P) projected that growth in per capita income in the Philippines would hit the $3,000 mark this year as it affirmed the country's investment grade rating at BBB.

This is a notch higher than the minimum score within the investment-grade scale.