OCTA: Economic keep up must be maintained amid Ukraine-Russia conflict

By Pearl Gumapos

The OCTA Research Group on Monday (Feb. 28) said the Philippines must keep up with the economic impact amid worldwide concerns, especially with the current conflict between Ukraine and Russia.

“With the growing concerns worldwide, especially iyong Ukraine-Russia war, we have to be able to keep up with the economic impact,” OCTA member Dr. Guido David said during the Laging Handa public briefing.

“With the Ukraine-Russia conflict, it changes iyong importance of things. That’s why it’s also important for us to make sure na iyong economic recovery natin is on its way so that ma-minimize iyong impact ng other countries sa ating situation,” he said.

He said the de-escalation to Alert Level 1 is needed to be able to balance public health and the economy.

“Ang nakikita natin ay mababa na rin iyong cases dito sa mga other regions na binaba to Alert Level 1. So, hopefully, kapag mataas iyong vaccine coverage nila ay mami-mitigate iyong possible infections of the unvaccinated,” he said.

“Hopefully ready na rin sila. I can’t speak for the local governments and the public pero, at the same time, we need this na rin. We need to balance public health and the economy,” he added. – bny

Popular

PBBM, AZEC affirm energy security ties, renewable energy support

By Brian Campued President Ferdinand R. Marcos Jr. underscored the importance of cooperation between the Philippines and Japan in strengthening energy security measures, as tensions...

PBBM inaugurates P1B irrigation project in Leyte

By Sarwell Meniano | Philippine News Agency President Ferdinand R. Marcos led the inauguration of the P1.1 billion Hibulangan Small Reservoir Irrigation Project (SRIP) in...

PBBM brings aid to Eastern Visayas, advances whole-of-gov’t approach

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Thursday led the rollout of government assistance and development initiatives in...

PBBM: Stronger cooperation with LGUs key to reducing crime

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. has emphasized the importance of stronger cooperation between the national and local...