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                    [Title] => RP on road to improving public debt ratios — Fitch
                    [Summary] => London-based Fitch Ratings Inc. said the Philippines is back on the path of improving its public debt ratios, noting that the country might be able to avoid a downgrade of its credit ratings over the short and medium-term. 


In a special report, Fitch pointed out that the debt burden of the National Government (NG) is projected to decline to 67.5 percent of gross domestic product (GDP) – the lowest level since 2002. 


                    [DatePublished] => 2005-06-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
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                    [ArticleID] => 255921
                    [Title] => Fitch warns RP of credit rating downgrade
                    [Summary] => Credit rating agency Fitch Ratings Inc. has warned of a ratings downgrade if the Arroyo administration will not be able to raise taxes and immediately privatize the National Power Corp.(Napocor). 


The London-based ratings agency said yesterday that the newly-inaugurated President Gloria Arroyo now has the opportunity to capitalize on her fresh mandate after winning the May elections. 


However, Fitch said this would take potentially painful steps, including committing to raise taxes and finding a lasting solution to the financial problems at Napocor. 


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                    [AuthorName] => Des  Ferriols
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BRIAN COULTON

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                    [ArticleID] => 281667
                    [Title] => RP on road to improving public debt ratios — Fitch
                    [Summary] => London-based Fitch Ratings Inc. said the Philippines is back on the path of improving its public debt ratios, noting that the country might be able to avoid a downgrade of its credit ratings over the short and medium-term. 


In a special report, Fitch pointed out that the debt burden of the National Government (NG) is projected to decline to 67.5 percent of gross domestic product (GDP) – the lowest level since 2002. 


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                    [ArticleID] => 255921
                    [Title] => Fitch warns RP of credit rating downgrade
                    [Summary] => Credit rating agency Fitch Ratings Inc. has warned of a ratings downgrade if the Arroyo administration will not be able to raise taxes and immediately privatize the National Power Corp.(Napocor). 


The London-based ratings agency said yesterday that the newly-inaugurated President Gloria Arroyo now has the opportunity to capitalize on her fresh mandate after winning the May elections. 


However, Fitch said this would take potentially painful steps, including committing to raise taxes and finding a lasting solution to the financial problems at Napocor. 


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                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

RP on road to improving public debt ratios — Fitch

By Des Ferriols | June 15, 2005 - 12:00am

London-based Fitch Ratings Inc. said the Philippines is back on the path of improving its public debt ratios, noting that the country might be able to avoid a downgrade of its credit ratings over the short and medium-term....

Business

Fitch warns RP of credit rating downgrade

By Des Ferriols | July 1, 2004 - 12:00am

Credit rating agency Fitch Ratings Inc. has warned of a ratings downgrade if the Arroyo administration will not be able to raise taxes and immediately privatize the National Power Corp.(Napocor). The London-based...

Business