HOUSE Speaker Ferdinand Martin G. Romualdez welcomed Fitch Ratings’s revision of its credit outlook for the Philippines’s long-term debt to “stable,” calling the decision of the international credit rating agency “an unequivocal vote of confidence” in the socioeconomic agenda of the Marcos administration.
“This is clearly an acknowledgment of our efforts to push through Congress the measures and reforms needed to pursue the eight-point socioeconomic agenda of President Ferdinand R. Marcos Jr., meant to create more jobs, improve social services and steer the economy irreversibly back to the strong growth path it is on before the pandemic,” Romualdez was quoted in a statement as saying.