Socioeconomic Report 2021

In the last year of the Duterte administration and the transition to a new regime, the government will need to sustain efforts to end the pandemic and navigate towards a new and better normal. The Socioeconomic Report 2021 highlights the need for more reforms to further increase the country’s potential for economic growth and greater inclusivity.

In the transition year 2022, there is a need to focus on: 1) accelerating and sustaining social and economic recovery; 2) building resiliency; and 3) developing agility. The latter two are meant to ensure that the country can bounce back quickly in the event of another crisis.