DOF chief shares views on PH economy, peso, cryptocurrency
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NewsTranscript
00:00Department of Finance Secretary Ralph Recto said the Central Bank will slow interest rate cuts this year due to global uncertainties, expecting 50 to 75 basis points in reductions.
00:11The government plans to raise US$3.5 billion through foreign bonds in 2025.
00:17Despite high borrowing costs, strong remittances help ease funding pressure.
00:22The Philippine economy is expected to grow by at least 6 percent, and the peso's current value is in line with global trends.
00:30For more UN videos visit www.un.org