S&P Keeps Thai Sovereign Credit Rating Intact at BBB+
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2 Articles
S&P keeps Thai sovereign credit rating intact at BBB+
S&P Global Ratings has maintained Thailand’s sovereign credit rating at BBB+ with a stable outlook, reflecting confidence in the country’s economic fundamentals, policy direction and ability to withstand external shocks.
The Joint Committee of the Three Private Sector Institutions (JCC) indicates that S&P Global Ratings' affirmation of Thailand's credit rating at BBB+ and its "Stable Outlook" reflects confidence in the economy and fiscal discipline, encouraging the government to accelerate reforms and create new economic engines. A report from the JCC states that S&P Global Ratings' affirmation of Thailand's credit rating at BBB+ and its "Stable Outlook," consis…

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