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Business group seeks further lockdown easing in ‘main economic centers’
The Federation of Philippine Industries (FPI) supports the Department of Finance's (DOF) call to ease quarantine restrictions in key economic centers like Metro Manila and Calabarzon.
FPI Chairman Jesus Arranza believes relaxing mobility restrictions in these areas is crucial for economic recovery.
The group cited increased import volumes in June as evidence that easing quarantine measures positively impacted the economy.
FPI recommended stricter, localized containment measures for factories and barangays with COVID-19 cases, while allowing general reopening elsewhere.
Metro Manila, Laguna, Cavite, and Rizal are under general community quarantine (GCQ) until July 31, while Batangas and Quezon are under modified GCQ.
The DOF has been pushing for further relaxation of quarantine protocols to balance public health and economic restart.
Despite the rise in infections, with 2,200 new cases reported on Thursday, the FPI continues to advocate for eased restrictions.
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The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) has directed the Department of Trade and Industry (DTI) to reclassify certain business industries to allow the resumption of operations or a gradual increase in operating capacity, particularly in areas under Modified General Community Quarantine (MGCQ).
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The Philippine economy is projected to contract by as much as 3.1% this year, a worsening estimate from Moody's Analytics.
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The government is considering placing Metro Manila under Modified Enhanced Community Quarantine (MECQ) if COVID-19 cases reach 85,000 by July 31.
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