Philippine economic recovery will accelerate this year with the expected transition to Alert Level 1 in March, full reopening of businesses and even possible reopening of schools in June, said Presidential adviser on Entrepreneurship & GoNegosyo founder Joey Concepcion, Philippine Chamber of Commerce & Industry (PCCI) President George Barcelon and Federation of Filipino Chinese Chambers of Commerce & Industry, Inc. (FFCCCII) President Dr. Henry Lim Bon Liong at Pandesal Forum of 83-year-old Kamuning Bakery Café in Quezon City.
The three business leaders all expressed high hopes and optimism that Philippine gross domestic product (GDP) growth will be “higher than 7%” for 2022.
The business leaders also hope for a successful, orderly national election on May 9 and that the newly-elected leaders shall continue the Build, Build, Build infrastructure projects and other socio-economic reforms of President Rodrigo R. Duterte.
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