Malacañang considered the “excellent” rating from the latest Social Weather Stations (SWS) survey on economic optimism as an indication of effectiveness of the government’s “calibrated strategy” to shift to Alert Level System to further reopen the economy..
The survey conducted in mid-December 2021 showed that 51% of adult Filipinos believe the Philippine economy will improve in the next 12 months. This has been the highest net economic optimism since September 2016.
In a statement, Acting Presidential Spokesperson Martin Andanar said the further reopening of the economy with the Alert Level System allowed more businesses to operate “and more Filipinos are able to go to work while ramping our COVID-19 vaccination drive.”
“Our people have more reasons to feel confident about the future, especially now that President Rodrigo Roa Duterte signed Executive Order No. 166, which adopted a Ten-Point Policy Agenda to accelerate and sustain economic from the COVID-19 pandemic and directing a whole-of-government approach to align all economic recovery programs and measures of the national government,” he said.
“This indeed demonstrates that the government has concrete plans to sustain our economic rebound,” he added. KC-ag
