00:00 The Department of Finance reported Fitch ratings recognize the country's growth prospects.
00:05 The Philippine economy is projected to grow by above 6 percent over the medium term.
00:11 Fitch ratings also noted the country's deficit to decrease to 3.8 percent of the GDP by 2025
00:18 after surging to 5.4 percent last year following stronger spending by local government units.
00:24 (upbeat music)
