Countries like the Philippines, where COVID-19 cases have yet to make it past the first wave of infections, needed to be more cautious before further easing restrictions on movement of people, UK-based think tank Oxford Economics said. | bendeveraINQ
With most parts of the country currently under a less-restrictive GCQ, only 25 percent of economic activities remained banned.
For Oxford Economics, “pressure to prioritize ‘economy over health’ that results in lockdowns being eased too fast and too soon is a clear risk” worldwide.In the Philippines, officials earlier said that health had been prioritized over the economy as the government scrambled to establish additional medical and quarantine facilities during the lockdown to better respond to the pandemic.
In a separate report last Wednesday titled “Plotting recovery paths,” Oxford Economics head of India and Southeast Asia economics Priyanka Kishore and economist Thatchinamoorthy Krshnan placed India, the Philippines and Indonesia at the bottom of the pack in the region in its recovery scorecard.
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