By Junex Doronio
MANILA — House leaders on Wednesday (27 November 2024) welcomed S&P Global Ratings’ recent upgrade of the Philippines’ credit rating outlook to “positive,” emphasizing the role of President Ferdinand “Bongbong” R. Marcos Jr.’s economic agenda in achieving this significant achievement.
“Ang positibong credit outlook ay patunay ng mahusay na pamumuno at mga polisiya ni Pangulong Marcos na nakatuon sa pagpapalakas ng ating ekonomiya,” Senior Deputy Speaker Aurelio “Dong” Gonzales Jr. said.
He attributed this achievement to the administration’s proactive governance and strategic economic reforms, and the cooperation of the House of Representatives under the leadership of Speaker Ferdinand Martin G. Romualdez.
“Sa ilalim ng liderato ni Pangulong Marcos, natutukan natin ang mahahalagang reporma na nagbigay daan sa mas matatag at mapagkakatiwalaang ekonomiya. Ito ang resulta ng maayos na kooperasyon sa pagitan ng ehekutibo at lehislatibo,” Gonzales stressed.
The House of Representatives played a vital role in supporting the administration’s economic agenda by passing key legislation, such as the Public-Private Partnership (PPP) Act and amendments to the Build-Operate-Transfer (BOT) Law, which foster economic development and attract investments.
For his part, House Majority Leader Manuel Jose “Mannix” M. Dalipe emphasized the significance of this economic milestone.
“This positive outlook is glaring proof to our efforts in steering the country towards economic resilience and growth,” he said.
“The House has been proactive in enacting legislation that fosters economic stability and growth. Our commitment to passing laws that encourage public-private partnerships has been instrumental in funding major infrastructure projects,” Dalipe stated.
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