The Philippines’ economic managers in consultation at the Development Budget Coordination Committee (DBCC) meeting: (from left) Economy, Planning, and Development Secretary Arsenio M. Balisacan, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go, Finance Secretary Ralph G. Recto, and Budget Secretary Amenah F. Pangandaman at the Development Budget Coordination Committee meeting. (DOF photo)
The Marcos Jr. administration’s economic team is optimistic that the Philippines will secure an “A” sovereign credit rating by 2028, citing rapid and promising gains from the government’s growth-supportive reforms.
Based on the midterm update of the country’s Medium-Term Fiscal Framework (MTFF) 2022-2030,
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