There’s a chance the Philippines could avoid recession and come out of the coronavirus pandemic in better shape than most developing nations if it plays its cards right, a management consultant said on Tuesday. Moss said it was imperative the country gets infections under control although he acknowledged that the country’s healthcare system is under a huge strain. The Philippines may [also] avoid recession, count your blessings if you do,” he said. The country would also benefit from a recovering Asia, as well as a boost in domestic travel. “Global crisis starts to ease in three to six months but 18-months of on-gain, off-again crisis management,” said Moss.

Source: Manila Times April 14, 2020 16:18 UTC