00:00The Philippine Central Bank gave the benefit of the high credit rating outlook of the Philippines.
00:06According to the BSP, the creation of the rating of the Philippines will help to raise the amount of funds needed for services and infrastructure projects in the country
00:16because our government will be indebted to lower interest rates.
00:21In addition, even if the business will benefit from this, it is expected that there will be results in the creation of more opportunities.
00:30BSP Governor Eli Remolona Jr. approved the decision of the S&P Global Ratings which reflects the results of the reforms implemented by the administration of President Ferdinand R. Marquez Jr.
00:45Budget Secretary Amina Pangandaman also said that the establishment of institutional settings helped to raise the credit metrics of the country and to improve our economy within two years.
00:58The government also trusted that the trust of the investors in the Philippines will continue to increase because of the reforms implemented by the current administration.
