English: He noted that the Philippines scored only 2.25 out of a possible score of 5 based on the 2017 Mckinsey Asian Capital Markets Development Index. Based on the same study, the cost of raising equity in the country is more than 14%, caused mainly by friction costs, which are the direct or indirect costs associated with the execution of a financial transaction, including taxes, commissions, and other fees.
Filipino: Sinabi ni Gatchalian na ang Pilipinas ay nakakuha lamang ng 2.25 mula sa posibleng puntos na 5 batay sa 2017 Mckinsey Asian Capital Markets Development Index. Batay sa parehong pag-aaral, ang halaga ng pagtataas ng equity sa bansa ay higit sa 14%, kadalasan dahil sa tinatawag na friction cost, na siyang direct o indirect costs na nauugnay sa pagpapatupad ng isang financial transaction, kabilang ang mga buwis, komisyon, at iba pang bayarin.