<h1>Country's Credit Rating Upgraded to BBB with Stable Outlook Citing Strong Growth and Fiscal Discipline</h1> A sovereign credit rating agency upgraded a country's long-term rating to investment grade 'BBB' with a stable outlook after more than 18 years, citing strong economic growth, improved government spending quality, fiscal consolidation efforts, and effective monetary policy controlling inflation. The upgrade reflects the country's reduced reliance on trade, with domestic consumption driving 60% of growth, and a manageable impact from recent high tariffs imposed by another nation. The rating agency projects a gradual reduction in the government deficit and anticipates sustained GDP growth averaging around 6.8% over the next three years. This upgrade is expected to lower borrowing costs for domestic companies in international markets and signals enhanced creditworthiness and economic resilience. The stable outlook is supported by continued policy stability, infrastructure investment, and cautious fiscal and monetary management.