00:00The Philippine economy is expected to rise by 6% in the last half of 2024.
00:07This is less than 5.2% in the third quarter.
00:10This is due to strong domestic demand,
00:13slow inflation, and decrease in interest rates.
00:17The new law, Create More, will affect the governments
00:22while lowering the so-called Reserve Requirement Ratio will strengthen the country's credit rating.
00:28It is also expected that consumption and infrastructure projects will improve.
00:34The economy is expected to rise by 5.8% in 2024 and rise by 6% in 2025.
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