Malacañang said investor confidence in the Philippines and in President Ferdinand Marcos Jr. remains high, citing the country’s latest credit rating affirmations and the continued decline in poverty.
Palace press officer Claire Castro made the statement after the Philippines received back-to-back affirmations of its investment-grade ratings from two international credit rating agencies.
Castro quoted Executive Secretary Ralph Recto as saying that the ratings were a sign of continued confidence in the country.
“Dalawang boto ito ng kumpiyansa sa Pilipinas,” Recto said.
On August 21, Japan-based Rating and Investment Information Inc. (R&I) affirmed the Philippines’ “A” investment-grade rating.
Moody’s Ratings followed on August 24 by maintaining the country’s Baa2 investment-grade rating.
Castro said the ratings matter because a stronger credit standing can help the government borrow money at lower costs.
This, she said, could give the government more room to finance projects such as classrooms, hospitals, roads and other infrastructure.
The Palace also pointed to the latest poverty figures as another sign of economic gains.
According to the Philippine Statistics Authority (PSA), poverty incidence dropped from 15.5% in 2023 to 9.7% in 2025, the lowest rate recorded, according to Castro.
She said the decline meant around 6.5 million Filipinos had moved out of poverty.
Castro said the government wants to sustain the gains by attracting more job-generating investments, increasing wages and lowering costs.
The administration also plans to continue protecting vulnerable families from economic shocks, she said.
For the Palace, the combination of strong credit ratings and declining poverty shows that the country continues to attract investor confidence while more Filipinos benefit from economic growth.IMT
