Concepcion: Challenge for economic recovery is to balance health, livelihoods

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As the economy starts to recover following the easing of quarantine measures, the challenge now is to maintain a balance between saving lives and maintaining people's livelihoods amid the ongoing health crisis.

As the economy starts to recover following the easing of quarantine measures, the challenge now is to maintain a balance between saving lives and maintaining people’s livelihoods amid the ongoing health crisis.This was according to Presidential Adviser for Entrepreneurship and Go Negosyo founder Joey Concepcion, who said Saturday that several micro, small, and medium enterprises hit hard by the coronavirus disease pandemic are at the brink of shutting down their businesses.

In the online briefing, Concepcion underscored the need to create “vigilant communities” and conduct more testing to mitigate some of the impacts of the crisis on MSMEs. Concepcion said Project Ark has raised more than 1.2 million rapid test kits from more than 300 partner companies. Some of the rapid test kits were earlier donated to the Pasig City government.

 

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