IN PHOTOS: Finance Secretary Ralph G. Recto and the rest of the economic team convened a meeting with senior officials of the Japanese credit rating agency Rating and Investment Information Inc. (R&I) on June 20, 2024 in Tokyo to update them about the Philippines’ promising growth story and other key developments.

The Philippines holds a high credit grade rating of BBB+ with a Positive Outlook from R&I. This rating reflects confidence in the country’s sound economic policies. It also means more accessible financing for the government’s development programs, benefiting all Filipinos.

Secretary Recto was joined by Office of the Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go; National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan; Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman; Bangko Sentral ng Pilipinas (BSP) Deputy Governor Francisco G. Dakila, Jr.; and National Treasurer Sharon P. Almanza.