00:00 The S&P Global Ratings, or S&P, affirmed the investment-grade long-term credit rating of
00:05 BBB+ and short-term rating of E2, while keeping the country's outlook at stable.
00:10 S&P's affirmation reflects the country's above-average growth potential,
00:16 as well as the agency's expectations for the rest of the fiscal year amid economic recovery efforts.
00:22 In a related development, inflation has shown signs of decelerating,
00:26 most recently pegged at 4.1 percent.
