PBBM,  ikinalugod ang credit rating upgrade na ‘A-’ mula sa Japan-based Rating and Investment Information, Inc. - video Dailymotion

PBBM,  ikinalugod ang credit rating upgrade na ‘A-’ mula sa Japan-based Rating and Investment Information, Inc.

Transcript

00:00President Ferdinand R. Marcos Jr. promised that all Filipinos will benefit from a better country's economy.

00:08He also followed the A- rating, which is called the Japan-based rating and Investment Information Incorporated.

00:16Alan Francisco will give you the details.

00:21Every Filipino will benefit from the development of the country's economy.

00:25The reason is so that the cycle of poverty in the future will end.

00:30This is the message of President Ferdinand R. Marcos Jr. after the country implemented the A- rating,

00:37which is called the Japan-based rating and Investment Information Incorporated, or R&I,

00:43due to its strong economic performance.

00:45According to President Marcos, this is the country's highest grade,

00:49which also means the high confidence of investors in the Philippine economy.

00:54This proves the upgrade or improvement of the lives of ordinary Filipinos.

01:00According to President Marcos, this means that it will help reduce the borrowing cost

01:06and ensure affordable financing for the government, business, and ordinary people to choose.

01:12Instead of spending the country to pay interest,

01:16the government will use the money to save for various public services,

01:21such as infrastructure, health care facilities, and the construction of schools.

01:27This will also help the country invest in the people,

01:30which will be the way to produce the next Olympics two-time gold medalist Carlos Yulo.

01:37In the continued improvement of the country's credit rating,

01:39President Marcos believes that there will be more and better jobs

01:45for every Filipino to have a high income.

01:48According to President Marcos,

01:50even though this is the first credit rating upgrade under his administration,

01:55the government will not stop here.

01:57He will try to pour all the resources of the government

02:01to ensure that the Filipinos will win.

02:04In the end, he said, the fight continues for a new Philippines.

02:09The Philippine economy is not affected by political issues in the country.

02:14This is what Finance Secretary Dominic Velasquez said.

02:18According to Usec Velasquez,

02:19investors are discussing how to separate the economy from political issues.

02:25This is contrary to what happened in Thailand,

02:28where political issues affected their economy.

02:32But in the Philippines, this is not the case.

02:36Alan Francisco for Pamansang TV in the new Philippines.