00:00Meanwhile, the credit rating of the Philippines remains stable according to the International Debt Watcher Fitch Ratings.
00:07Based on the report, the medium-term growth remains strong due to the stable economy, prudent financial management, and reforms.
00:15Fitch Ratings also expects the country's economy to expand by 5.6% in 2025 due to big infrastructure projects, stable remittances, and decreasing inflation.