The Philippines’ economic recovery will remain at risk if it cannot speed up mass vaccination and contain COVID-19 spread while fiscal support to vulnerable sectors badly hit by the pandemic-induced recession stays meager, two economic think tanks said on Friday.
“There is still a chance that the Asia-Pacific region can pick itself up from its current wrestling match with COVID-19 and the Delta variant. The coming six months will be filled with uncertainty and volatility as parallel efforts will be required across the region to accelerate the pace of vaccination as well as improve testing and tracing of the coronavirus given the high transmissibility of the Delta variant,” Moody’s Analytics chief Asia-Pacific economist Steven Cochrane and senior economist Katrina Ell said.
“China, Japan, Taiwan, South Korea and Singapore will not be able to ease up in their efforts, and…
