The ratings reflect Taiwan's strong external position and robust economy in a challenging policy environment in which fiscal flexibility has weakened.
More Quotes from Ping Chew:
There is always this worry that such a spending plan will widen the budget deficit. If India misses the deficit target again, it could dilute its commitment to fiscal consolidation. Giving dole doesn't resolve poverty.Ping Chew
This will definitely add to pressure, especially from lawmakers in the U. S. for further appreciation of the yuan.
Ping Chew
The ratings on Taiwan could be lowered if further fiscal slippages cause the debt burden to rise markedly.
Ping Chew
It's probably one of the necessary conditions. If you don't have inflation falling, it's unlikely that authorities could lower the interest rate.
Ping Chew
There are some political uncertainties and this is unfortunate. If this remains unresolved, it could impact policy and reform efforts. It could induce negative sentiment.
Ping Chew
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