President Ferdinand Marcos Jr. highlighted the Philippines’ economic resilience during a roundtable meeting with Indian businessmen and investors held in India on Wednesday, August 6.
“I am proud to share that our economy has sustained its growth momentum, recording a 5.7% GDP growth last year,” Marcos said.
“Our financial and banking sectors are healthy and robust, and our credit rating continues to improve and to receive stable and positive investment grades,” he added.
Among the key achievements presented by the President was the country’s robust 5.7% Gross Domestic Product growth in 2024.
He also emphasized the stable financial and banking systems that continue to support economic development.
President Marcos noted that the Philippines’ credit rating has been steadily improving, accompanied by positive investment grades from global investors.
He assured Indian business leaders that the Philippine government is committed to supporting foreign investments by streamlining bureaucratic processes and making it easier to establish businesses in the country.