‘Alert 1 for 2022 vital to sustaining economic activity’
Louella Desiderio – The Philippine Star
March 8, 2022 | 12:00am
“We can’t stop the war in Europe, but we can help the country brace for crisis,” Concepcion said in a statement yesterday, as he noted that sustaining the current increase in local economic activity would help the country weather the impact of the tensions between Russia and Ukraine and the record rise in the country’s debt.
Philstar.com / Irish Lising
MANILA, Philippines — The country needs to maintain the Alert Level 1 status for the rest of the year to promote economic activity and prepare the economy for the effects of the Ukraine-Russia conflict, presidential adviser for entrepreneurship Joey Concepcion said.
“We can’t stop the war in Europe, but we can help the country brace for crisis,” Concepcion said in a statement yesterday, as he noted that sustaining the current increase in local economic activity would help the country weather the impact of the tensi
