Alert Level 2 good news for reviving economy – presidential adviser

By Pearl Gumapos

Presidential Adviser for Entrepreneurship Joey Concepcion on Monday (Jan. 31) said the de-escalation to Alert Level 2 of the National Capital Region and other areas in the Philippines can lead the way to reviving the economy.

“We’re now starting to move on. Iyon ang pinaka-importante. The signal is starting to move on, trying to look at how we can revive the economy. Alert Level 2 is good news and hopefully we can move to Alert Level 1 by the end of February,” Concepcion said during the Laging Handa public briefing.

 

“We have to realize that we have to move on. Omicron, in a way, is a variant that is allowing us to do it because iyong mga kaso ng Omicron, most of them, ung bakunado, ay very mild,” he added.

Concepcion said that included in the pandemic exit plan is to turn over the economy in a “healthy state.”

“I think this is the start of opening our economy. We have four months left until the next administration comes in. So, we want to turn over the economy in a healthy state. Iyon ang objective ng private sector and, hopefully, it will continue to be that way,” he said.

“The ideal is to reach a point wherein there are no more alert levels. I think we will eventually get there by March or sometime [during] that period. Palagay ko April. I think we will be ready to move out from alert levels,” he added. -ag

Watch the full interview here:

 

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