Economic managers, ikinalugod ang pagtaas ng credit rating outlook ng Pilipinas sa S&P global ratings

2 days ago

Economic managers, ikinalugod ang pagtaas ng credit rating outlook ng Pilipinas sa S&P global ratings

Mataas na credit rating, patunay lang na malaki ang tiwala ng investors sa pagpapatakbo ni PBBM ayon kay Sec. Recto

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Transcript

00:00First in our news, an international credit rating company gave a positive outlook to the Philippines

00:09which is expected to have a big impact on the continued development of the country's economy.

00:15According to the economic managers, this is just a proof that the investors have high trust in the government of President Ferdinand R. Marcos Jr.

00:24Here is the report.

00:27The economic managers of the government were pleased with the news

00:32as well as the increase in the credit rating outlook of the Philippines

00:35according to the Standard and Poor or S&P Global Ratings.

00:39The country received a positive mark which means a possible upgrade to the A rating within 24 months

00:48according to the Special Assistant to the President for Investment and Economic Affairs,

00:53Finance and Budget Secretaries, the country is determined to meet the A rating.

00:58The government also assured that the change in the economy will not be affected by any political trials.

01:06The S&P also mentioned the above average growth potential, effective policy making in the country,

01:13fiscal reforms, infrastructure, policy environment and others.

01:17According to the economic managers, the Create More Law and Public-Private Partnership is also a big deal.

01:23The economic managers also gave a proof that the country's economy is its strong point, business as usual.

01:31According to the economic managers, President Ferdinand R. Marcos Jr. is currently in the United Arab Emirates

01:38to strengthen the relationship between the Philippines and the UAE.

01:41While their Senate is already finishing their deliberation on the 2025 National Expenditure Program,

01:48according to the economic managers, all branches of the government are focused on the whole-of-government approach

01:55towards the possible upgrade.

01:57For Finance Secretary Ralph Recto, the S&P affirmation in the country is just a solid endorsement of President Marcos' leadership.

02:06The trust of investors and creditors in running the economy and the country is huge.

02:14For PTV, Allan Francisco, Balitang Pambansa.

Economic managers, ikinalugod ang pagtaas ng credit rating outlook ng Pilipinas sa S&P global ratings

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Transcript

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