Malacañang has urged financial and media company Bloomberg to look at a country’s economic growth when measuring resilience as this was supposedly the best indicator of resilience amid the coronavirus pandemic.Cabinet Secretary Karlo Nograles made the statement after the Philippines, again, ranked last among 53 countries in Bloomberg’s COVID-19 resilience ranking.
In his press briefing on Friday, January 28, Nograles urged Bloomberg to also consider a country’s economic growth when doing its study. Nograles pointed out that the country’s gross domestic product grew 7.7 percent in the fourth quarter of 2021, bringing the full year-year GDP growth to 5.6 percent.
“Let the number speak for itself. That is the clearest indication of the resilience of the Philippines amidst the COVID-19 pandemic,” he said.following reports of the economy’s growth during the last quarter of 2021.
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