IATF-TWG for AFP Releases “We Recover As One” Report for Economic Recovery during the New Normal

by | Jun 4, 2020 | Uncategorized

The Inter-Agency Task Force Technical Working Group for Anticipatory and Forward Planning (IATF-TWG for AFP) recently released the online copy of the We Recover as One which details measures to mitigate the impact of COVID-19 while enabling the economy to recover under the new normal.

Using data analysis and online public surveys and consultations, the IATF-TWG for AFP sought to understand Filipinos’ varied situations and laid down a set of measures to address people’s concerns and needs, as well as their expectations and outlook in the near future.

The report also estimates the social costs and economic losses during the ECQ and provides a set of mitigating measures and policies and programs to rebuild consumer and business confidence.

The document presents recommended actions that can limit transmission and provide health care to those in need; address some of the adverse social and economic impacts of the pandemic; and define parameters in adapting to the new normal.

NEDA chairs the IATF-TWG for AFP consisting of the Department of Science and Technology, the Department of Trade and Industry, the Department of Finance, the Department of Budget and Management, the Department of Agriculture, the Department of Tourism, the Bangko Sentral ng Pilipinas, the University of the Philippines Resilience Institute, the National Intelligence Coordinating Agency, the Department of Education, the Department of Health, and the Department of Information and Communications Technology.

Other agencies and resource persons from the private sector and academe were also involved in the initiative.

The report will be used by various agencies in government as they rethink their priorities for the rest of 2020 and for full year 2021.

NEDA added that it will use the report in updating the targets and strategies of the Philippine Development Plan, which will aim for a healthy and resilient Philippines.

View the full report below: