Q4 2021 – Disrupted recovery amid eases in restrictions.
Missed targets were noted this quarter amid the continued easing in mobility restrictions.
Overall, 2021 is better than the pandemic year 2020 based on available indicators. There were a lot of speed bumps throughout the year. Nonetheless, the region is on track to a resilient recovery as more businesses and industries are operating. To sustain recovery, the government pushes its 10-point policy agenda on 1) metrics; 2) vaccination; 3) healthcare capacity; 4) economy and mobility; 5) schooling; 6) domestic travel; 7) international travel; 8) digital transformation; 9) pandemic flexibility bill; and 10) medium- term preparation for pandemic resilience to prevent further scarring on the economy.