DOF at economic managers, tiwalang magkakaroon ng karagdagang upgrades sa ratings ang....

2 days ago

DOF at economic managers, tiwalang magkakaroon ng karagdagang upgrades sa ratings ang bansa;

Ekonomiya, lalago pa sa ilalim ng administrasyong Marcos Jr. ayon sa DOF

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Transcript

00:00The economic managers of the government believe that the credit ratings of the Philippines will increase.

00:05This is also in line with the positive outlook of the country from an international credit rating company

00:12which proves that the investors in the government have great confidence in President Ferdinand R. Marquez Jr.

00:19Kenneth Paciente of PTV in Balitang Pambansa.

00:23The government believes that the country's economy will continue to grow under the administration of President Ferdinand R. Marquez Jr.

00:31This is after the S&P Global Ratings upgraded the economic outlook of the Philippines from a positive to a stable.

00:39The country also maintained its BBB Positive Credit Ratings.

00:43This became the benchmark of the S&P Global Ratings in the country

00:46Because of the growth potential of the Philippines, effective policies and fiscal reforms will be implemented.

00:54The country's infrastructure and policy environment will also improve according to the DOF.

00:59Because of this benchmark, the Philippines will have greater access to cheaper and cost-effective expenses in lending to the government and private sector.

01:10The reasons for the funding of the government's project include infrastructure, healthcare, education, and others.

01:18This proves that the investors have great confidence in President Ferdinand R. Marquez Jr.'s administration in the country's economy

01:25because of its stable economic environment.

01:28The DOF also believes that the country will have additional upgrades in ratings in the coming time.

01:34This is what the economic managers of the government agreed to.

01:38According to them, the administration is determined to increase the country's rating in A.

01:43And they believe that this will not affect the country's political challenges.

01:49According to the group, this is possible to reach the country within two years.

01:54They also believe that this development reflects that the country's fiscal consolidation plan is on track.

02:00They also believe that the create more law and public-private partnership law, which was once signed by the President, will help the country's consolidation.

02:08They also believe that this is only a proof of the country's stability in the face of challenges from calamities, geopolitical tensions, and others.

02:16The economic managers also believe that the government is business as usual in the face of the current issues.

02:22They believe that the different branches of the government will help the country's progress.

02:27From PTV Manila, Kenneth Paciente, Balitang Pambansa.

DOF at economic managers, tiwalang magkakaroon ng karagdagang upgrades sa ratings ang....

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