In this task, given a sentence in the English language, your task is to convert it into the Chinese language.

Let me give you an example: "This has not been a donor conference where governments have been invited to come and make new pledges, as I said if everybody lived by their Paris pledges in December 2007, which were three year pledges, we are exactly half way in that, we would have been more or less fine."
The answer to this example can be: “这并不是一个捐助者会议，各国政府都应邀前来作出新的承诺，正如我所说，如果每个人都能兑现2007年12月的巴黎承诺，即三年的承诺，那么我们现在已经完成了一半，我们或多或少会好起来的”。
Here is why: The above sentence is correctly translated from English to Chinese

OK. solve this:
The Philippines central bank has cut key interest rates three times already this year in order to continue this economic expansion.
Answer:
菲律宾央行今年已经三次下调基准利率，以继续经济扩张。