The government aims to attain an “A” credit rating by the end of the Marcos administration in 2028. To achieve this rating, the Bangko Sentral ng Pilipinas has advised that the government should prioritize macroeconomic stability, fiscal sustainability, and good governance.
MANILA, Philippines — US President Joe Biden will have a trilateral telephone call with Japan’s Prime Minister Shigeru Ishiba and President Ferdinand Marcos early Monday, Marcos’s spokesman said Sunday.
The call was supposed to have been held on Sunday, but has been postponed because of the Los Angeles wildfires, presidential spokesman Cesar Chavez said in a statement.
Article continues after this advertisementThe three leaders are expected to discuss progress made on mutual cooperation, economic matters, and recent regional and global developments.
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The three countries have stepped up security cooperation to blunt China’s efforts to control most of the disputed South China Sea.
Article continues after this advertisementBiden earlier cancelled a January 9-12 trip to Italy to focus instead on the federal response to the California wildfires.
1bandar slotArticle continues after this advertisementREAD: LA fires threaten more homes as winds forecast to pick up
His term ends on January 20 when Donald Trump will be sworn in as the next US leader.
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