News » DOF expects Alert Level 1 shift by New Year

DOF expects Alert Level 1 shift by New Year

The Department of Finance is expecting the Philippines to downshift to Alert Level 1 — the most lenient alert level status — starting next year, allowing more people to return to work and businesses to operate at full capacity.

Finance Secretary Carlos Dominguez said that the continuous drop in the COVID-19 cases is “fueling” their optimism for this shift.

Independent research group OCTA stated that the COVID-19 situation in the Philippines is improving, with an infection reproduction number of 0.42 and a positivity rate of four per cent.

OCTA added that “based on these trends, new cases could decrease to 500 before the year’s end.”

Under Alert Level I, all establishments can operate at full-site capacity, subject to minimum public health standards.

The country’s economic managers noted that the GDP’s third-quarter growth of 7.1% year-on-year and year-to-date expansion of 4.9% means that it is “on track to reach the high-end of our 4 to 5 percent growth target for 2021.”

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.