Long has the country held the reputation for its young, skilled, and technology-enabled population. In fact, the annual We Are Social’s digital report regularly ranks the country as among the most active internet and social media users on the planet.
This bespeaks of strong economic fundamentals that could carry the country’s economic narrative to further heights post-pandemic. Given that the current pandemic situation is controlled, the World Bank sees the Philippine economy expanding at 4.7% in 2021, before accelerating to 5.9% in 2022 and 6.0% in 2023, contributing to renewed progress in poverty reduction.