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        <h1>Credit Rating Agency Upgrades Country to BBB, Citing Strong Growth and Inflation Control Measures</h1> A global credit rating agency upgraded a country's sovereign credit rating from the lowest investment grade to a higher 'BBB' level, citing strong economic growth and effective inflation control measures supported by an enhanced monetary policy. The agency highlighted the government's commitment to fiscal consolidation and infrastructure development as key factors. The short-term rating was also raised, with a stable outlook maintained. The agency assessed that potential tariffs from a major trading partner would have a manageable impact on the economy due to the country's reliance on domestic consumption and relatively lower trade dependence.

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        ActsIncome Tax
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