<h1>Sovereign 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 'BBB' with a stable outlook, reflecting strong economic growth, fiscal consolidation, and improved public spending quality. The upgrade, the first in 18 years by this agency, highlights the nation's robust GDP growth, effective inflation management through monetary policy reforms, and resilient external and financial positions. The report emphasizes the role of democratic institutions in ensuring policy continuity and economic stability. Projected GDP growth remains positive, supported by narrowing fiscal deficits and ongoing public investment. The agency also noted limited impact from recent foreign tariffs due to the country's large domestic consumption. Another rating agency recently affirmed a similar upgrade.