00:00The country received an upgrade in its credit rating based on the S&P Global Ratings.
00:05According to the so-called Credit Rating Agency, the credit ratings of the Philippines increased to triple-D+.
00:12This is due to the great potential of the Philippines' development,
00:16its policymaking, fiscal reforms, improved infrastructure, and policy environment.
00:22According to Finance Secretary Ralph Recto,
00:25the increased credit rating proves that investors and creditors trust President Ferdinand R. Marcos Jr. in the country's economy.
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