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Sovereign credit rating upgrade signals stronger fiscal consolidation and inflation anchoring, supporting investor confidence and a stable outlook. Sovereign credit rating upgraded to BBB based on strengthened macroeconomic resilience, inflation anchoring through monetary policy, and progress toward fiscal consolidation supported by continued infrastructure investment; limited trade vulnerability due to high domestic consumption renders external shocks manageable and the long term outlook is stable.
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<h1>Sovereign credit rating upgrade signals stronger fiscal consolidation and inflation anchoring, supporting investor confidence and a stable outlook.</h1> Sovereign credit rating upgraded to BBB based on strengthened macroeconomic resilience, inflation anchoring through monetary policy, and progress toward fiscal consolidation supported by continued infrastructure investment; limited trade vulnerability due to high domestic consumption renders external shocks manageable and the long term outlook is stable.