Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said the government was not likely to lock down cities or wide areas because doing so would hinder economic recovery.
During an online meeting with the members of the House Committee on Economic Affairs, Diokno said that the government had improved its response to the pandemic by conducting contact tracing and setting up more testing facilities.
Diokno added that instead of imposing wider community quarantines, the government could declare “granular” or barangay (village)-level lockdowns, which would provide more opportunity to open up the economy.
“In the meantime, let’s open the economy. Let’s see where we are right now,” the central bank chief said.