<h1>Country's Credit Rating Upgraded to BBB with Stable Outlook Citing Strong Growth and Fiscal Reforms</h1> A sovereign credit rating agency upgraded a country's long-term rating to 'BBB' from 'BBB-' with a stable outlook, citing strong economic growth, improved government spending quality, fiscal consolidation efforts, and a supportive monetary policy. The upgrade marks the first in nearly two decades and reflects the country's enhanced ability to meet debt obligations. Despite recent high tariffs imposed by a major trading partner, the agency assessed the impact as manageable due to the country's reliance on domestic consumption. The rating improvement is expected to lower borrowing costs for domestic companies in international markets. The agency projects a gradual reduction in the government's fiscal deficit and anticipates sustained GDP growth driven by consumer demand and public investment, supporting the country's long-term economic prospects.