Statement of Secretary of Finance Cesar V. Purisima:
On Moody?s Upgraded Credit Rating Outlook on the Philippines
[May 29, 2012]
This is one more step in our march towards investment grade, towards reducing the gap between the market rating and the credit rating, and more importantly towards a more sustainable growth path.
The Aquino administration will continue to focus on good governance as the basis for good economics, on fiscal sustainability, on macroeconomic stability and on opening up the country to business and tourism.
dof.gov.ph
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