Inquirer
Dominguez sees economy starting to rebound in Q2
Finance Secretary Carlos Dominguez anticipates the Philippine economy could start growing again in the second quarter of 2021 due to declining COVID-19 cases and the ongoing mass vaccination program.
Dominguez expressed optimism that the second wave of infections, which peaked in April, has significantly subsided.
He believes that if vaccine deliveries proceed as planned, the government would have enough COVID-19 vaccines to inoculate 70 million adults and potentially 15 million teenagers, pending FDA approval for the younger age group.
Discussions are also underway for booster shots next year, with Dominguez expressing confidence that the pandemic will soon be contained.
As of May 20, 2021, the Philippines has administered some 4,495,375 vaccine doses.
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