ECONOMIC rebound still possible amid rising Covid cases

DTI Sec. Lopez: IF LOCKDOWNS ARE IMPLEMENTED

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 March 8, 2021, 5:42 pm

 The country’s top trade official believes that the economic recovery is still possible this year if only localized or granular lockdowns will be imposed amid the rising coronavirus disease 2019 (Covid-19) cases in the past week. 

Department of Trade and Industry (DTI) Secretary Ramon Lopez said granular lockdown should be implemented in areas with a spike in Covid-19 numbers to contain the infection while allowing areas with no surge in cases to remain in status quo, even if the government is pushing for the reopening of more economic activities. 

“By implementing strict protocols and localized lockdown, I think our projected rebound is still doable especially in the second and third quarter,” Lopez said in mixed English and Filipino in a radio interview Monday. Read More

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