Philippines' Duterte wary of total economic reopening as coronavirus cases rise

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MANILA (BLOOMBERG) - Philippine President Rodrigo Duterte said he will 'have to be very circumspect in reopening the economy' given the spike in coronavirus cases, while his finance chief said that the nation need not choose between health and livelihood.. Read more at straitstimes.com.

MANILA - Philippine President Rodrigo Duterte said he will"have to be very circumspect in reopening the economy" given the spike in coronavirus cases, while his finance chief said that the nation need not choose between health and livelihood.

"We cannot afford really a total epidemic or pandemonium," he said in an address on Wednesday , adding that economic reopening will be done gradually. The nation has the second highest number of infections in South-east Asia after Indonesia, and has the fastest rise in cases since June 1 when the capital region reopened.

"While health measures are absolutely necesssary for us to fight this pandemic, increasing economic activity in a responsible manner is a matter of national survival and priority," Mr Dominguez said in a forum on Wednesday after the president's remarks.

 

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