Monday, April 25, 2016

Roubini sees PH investment grade this year

MANILA, Philippines (3rd UPDATE) - The country may very well get its coveted investment grade rating from credit rating agencies in the next few months, renowned economist Nouriel Roubini said on Wednesday.
"I have come to the conclusion that the rating to investment grade is certainly warranted and decision should be formally taken this year," Roubini said during the Philippine Investment Summit 2013 in Makati City. "I hope that rating agencies will understand that sooner rather than later... and an upgrade will occur in the next few months," he continued.

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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