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PH debt seen as 'low risk,' but not 'bulletproof'
Manila Bulletin
|June 14 2025
The Philippines has a "low" sovereign debt risk despite its ballooning obligations, but think tank Capital Economics cautioned that emerging markets (EMs) with better managed public finances should not rest on their laurels amid lingering fiscal strains.
In a June 12 report authored by Capital Economics senior EMs economist Liam Peach, the Philippines joined India, Indonesia, Vietnam, Thailand, Malaysia, Poland, Russia, Saudi Arabia, Israel, Morocco, Chile, and Uruguay in the EM group with "low risk, but fiscal position not bulletproof."
Capital Economics defined this group as having "generally strong public finances, but still [with] some risks around the fiscal stance."
Esta historia es de la edición June 14 2025 de Manila Bulletin.
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