The Department of Finance (DOF) welcomed the Philippines’ recognition as the top-performing emerging market in investor relations, through its dedicated investor outreach and commitment to open and accessible sovereign debt data and information.
“This recognition sends a strong signal that the Philippines is a credible and reliable investment destination. It reflects growing confidence in the Philippine economy and in the reforms we are pursuing,” Finance Secretary Frederick D. Go said.
Released on July 8, 2026, the annual Institute of International Finance (IIF) Investor Relations and Debt Transparency Report evaluates investor relations, debt transparency, and environmental, social, and governance (ESG) disclosure using survey responses and desk research.
Among 57 emerging markets and developing economies (EMDEs) assessed, the Philippines posted the highest overall Investor Relations Country Score of 49.3 out of 50. The report found that countries with stronger investor relations practices tend to have stronger, more stable sovereign credit ratings, as sustained disclosure and consistent investor engagement serve as signals of institutional strength, governance quality, and policy credibility.
The country also ranked among the top three in Debt Transparency Score, earning 12.3 out of 13, which measures sovereign borrowers’ data and policy dissemination practices related to debt transparency.
The Philippines was likewise one of only four EMDEs to receive a perfect score of 4.0 in the ESG Data and Policy Dissemination Score, alongside Hungary, Uruguay, and Chile. This component evaluates sovereign borrowers’ disclosure of ESG data and policy information.
The IIF highlights that proactive investor engagement and sovereign debt transparency fosters a virtuous cycle of “Transparency Dividend”, in which credible and predictable disclosure reduces uncertainty, broadens the investor base, lowers borrowing costs, and ultimately supports stronger and more resilient sovereign credit profiles.
The DOF also remains committed to sustaining good governance efforts that strengthens investor confidence, in support of long-term, economic growth that benefits all Filipinos.
“By strengthening investor relations through transparency, trust is built. Strong investor confidence helps the government access financing on better terms, allowing us to invest more in priority programs and services that create jobs, support businesses, and expand opportunities for Filipino families,” Sec. Frederick Go said.
