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Economic team touts ‘positive’ credit rating outlook amid political noise

A composite photo of President Ferdinand Marcos Jr. (right) and Vice President Sara Duterte in front of the Metro Manila skyline.

Metro Manila, Philippines — The administration’s economic managers touted the financial community’s confidence in the country with the “positive” credit rating outlook of a US-based debt watcher amid the political noise in the leadership.

Finance Undersecretary Domini Velasquez said foreign investors were “insulated” from the leadership bickering.
“We’ve proven ourselves that, actually, we’re beyond this political noise,” Velasquez told a televised public briefing on Wednesday, Nov. 27.
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