Thread by @cnnphilippines

THREAD: Finance Secretary Carlos Dominguez III leads the Philippine economic briefing with foreign business chambers in the country.

Dominguez says economic numbers 'now all in our favor' 2021 growth on track to hit high end of 4-5% forecast. | @meltlopez

Dominguez stresses there's room to ease mobility restrictions with declining COVID-19 infections, adds PH has secured needed vaccine supply for 100% of adult population and teenagers. | @meltlopez

NEDA Sec. Karl Chua highlights 7.1% growth in Q3 despite an August lockdown, although it was still not enough to offset previous year's losses: If we can perform at this level, we can expect an even better performance in Q4. | @meltlopez

Chua illustrates increased foot traffic in malls, which are now at 63% of the pre-pandemic level. On weekends, mall visits are now at 81% of pre-COVID capacity as families, including children, are allowed to enter. | @meltlopez

Chua: Economic data 'encouraging,' may hit 5% growth forecast for 2021. Moving to Alert Level 1 or the most relaxed restrictions, faster vaccine rollout, and maximizing the use of the national budget will support growth. | @meltlopez

Dominguez says transition plan in the works to sustain economic recovery as Pres. Duterte is set to step down in June 2022. Priority areas: debt, inflation, inequality among Filipinos, and inequality of growth across ASEAN. | @meltlopez