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 turns over millions worth of agri support to MisOr farmers

By Darryl John Esguerra | Philippine News Agency President Ferdinand R. Marcos Jr. on Tuesday turned over various agricultural support projects to farmers in Misamis...

Balingoan Port expansion to boost regional tourism, trade — PBBM

By Brian Campued President Ferdinand R. Marcos Jr. on Tuesday highlighted the importance of upgrading the Balingoan Port in the growth of Northern Mindanao, noting...

PBBM renews call for stronger mechanisms, regulation against fake news

By Dean Aubrey Caratiquet In cognition of rapid advancements in digital technology, President Ferdinand R. Marcos Jr. urged the Department of Information and Communications Technology...

PBBM declares April 22 as nat’l day of mourning for ‘Superstar’ Nora Aunor

By Brian Campued President Ferdinand R. Marcos Jr. has declared Tuesday as a “Day of National Mourning” over the passing of National Artist for Film...