The Department of Information and Communications Technology (DICT) supports the National Economic Development Authority’s (NEDA) initiatives to advance Philippine economy’s digital transformation.

NEDA Acting Secretary Karl Kendrick Chua stressed the need to move to a digital economy as a way to adapt to the ‘new normal’ brought about by COVID-19. He also pointed out the need for several structural reforms to be put in place.

DICT Secretary Gregorio B. Honasan II, on behalf of the agency, supported the efforts of NEDA as it continues to implement programs aimed toward digitalizing the government, the community, and the economy.

“The DICT supports digital transformation in the economic sector. Under the banner of a Digital Philippines, we are employing a holistic approach towards digitalization, focusing on connectivity, cybersecurity, and digital literacy,” said Honasan.

“We are optimistic that the transition of the Philippines to a digital economy will make the country’s economy more resilient to external factors, such as the COVID-19 pandemic,” he added.

Chua has mentioned factors that will help the Philippine economy adapt to the new normal.

These include restoring domestic demand or consumption by making sure the operation of agricultural production, food manufacturing, and the entire value chain. It also includes getting the ‘Build, Build, Build’ program back on track, generating millions of jobs, and developing and implementing socio-economic policies that are adaptive and responsive, among others.

In the public address of President Rodrigo Roa Duterte and the Inter-Agency Task Force on the Management of Emerging Infectious Diseases (IATF-EID) last May 12, Department of Finance (DOF) Secretary Carlos Dominguez III said that the government works on an economic recovery program that will aid and revive the country against the pandemic. The program includes assisting industries and Filipino workers.


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