Q2 2021 – Eastern Visayas on path towards economic recovery.
Eastern Visayas continues on its path towards recovery as its economic performance in Q2 2021 is better than that of the same period last year.
All in all, this could be attributed to base effects and the continued reopening of the economy. The policies in place allowed both public and private sectors in the region to operate to nearly full capacity under the modified general community quarantine (MGCQ) status since May 2021. Though confidence is dampened over concerns about the new COVID- 19 variants, the general outlook for the remaining half of the year is upbeat with the ramp-up in vaccination rollout.