Headline
70% of Pinoys expect PH economy to improve in Q2
MANILA – Majority of Filipinos are optimistic that the Philippine economy will improve in the second quarter of 2022, even as the coronavirus disease 2019 (Covid-19) continues to grapple the country, according to the latest survey by PUBLiCUS Asia Inc.
PUBLiCUS, in its PAHAYAG 2022 First Quarter Survey conducted from March 30 to April 6, found that 70 percent of 1,500 respondents expect the country’s economic prospects to improve from April to June 2022 period.
Of the 70 percent, around 32.6 percent expressed optimism about “a lot” of economic improvement in the second quarter of 2022, while the remaining 37.3 said they are only expecting a “little” improvement.
PUBLiCUS also found that Filipinos are “generally optimistic” about the current direction of the country.
While only 57.2 percent of respondents said the current state of the country was either “strong or very strong”, 72.1 percent were convinced that the country was “maybe or definitely” headed in the right direction, according to poll results.
The same survey revealed that 72.9 percent of respondents expressed hope that their household financial prospects would improve either a little or a lot in the second quarter of 2022.
With regard to the national concerns, PUBLiCUS noted that the “most contentious” issues among respondents were the possible shift to “Alert Level 0” in Metro Manila, the signing of the law allowing foreign ownership of telecommunications companies, and the lifting of face mask requirements in public places.
Results of the survey bared that around 47.7 percent approved the potential downgrading of Covid-19 Alert Level in Metro Manila, and only 29.1 percent expressed support for the possible lifting of the current policy mandating the use of face mask in public spaces.
The poll also found that only 44.2 percent approved the signing of the law allowing foreign ownership of telecommunications companies.
“Significantly, the lifting of face mask requirements was the only issue tested on the March 30 to April 6 survey that generated higher Total Disapproval (49.2 percent) than Total Approval (29.1 percent) among respondents,” PUBLiCUS said.
Respondents also backed the repatriation of overseas Filipino workers from Ukraine (76.2 percent), provision of fuel subsidy to jeepney drivers (70.2 percent), temporary suspension of fuel excise tax (67.9 percent), and monthly distribution of cash aid worth PHP500 to poor Filipinos for three months (67 percent).
They also gave their support to the Philippines’ vote in favor of the United Nations’ resolution demanding Russia’s withdrawal of troops from Ukraine (58 percent), implementation of a hybrid election system for the May 9, 2022 elections (54.7 percent), and the implementation of a four-day workweek (53.6 percent).
Around 1,500 respondents were interviewed using a nationwide sample margin of error of ±3 percent.
Imelda Galero
April 14, 2022 at 10:01 AM
More jobs is we really need. Pag may maayos na trabaho maayos din ang buhay. Sana tuloy tuloy ang mga magandang nangyayari para sa bansa para din ito sa ikakabuti natin.
Janice Ian
April 14, 2022 at 10:42 AM
We are expecting a much better life compared before. Kasi halos lahat naman na ay nagbubukas at marami na din trabaho kaya sana tuloy tuloy na agos ng buhay. At isa pa sana ay wag naman taas ng taas ang mga bilihin. Minsan nga hindi pa sapat ang kinikita para lang makakain ng tatlong beses sa isang araw dahil kulang ang kita. Sana kasabay ng pagbabalik ng better new normal ay yung maayos na buhay para sa lahat lalo na sa mahihirap.
Jay Mark Hernandez
April 14, 2022 at 11:07 AM
Unity is the key. When it comes to Philippine Economy, much better to have this way of unity, it can boost the economic activities of the country. Everyone is important, every one has an essential role that makes the country to be developed and enhanced. Laban Pilipino, tayo ay may iisang puso.
Roan Hipolito Arche
April 14, 2022 at 12:43 PM
Every Filipino would hope for our economy to flourish this Q2 and I think the biggest factor is that we’ll have new official that will govern our country and will eventually effect out economy. We have suffered more than enough in the last 2 years of pandemic and now that we’ve seen that the cases and alert levels are getting low this became somehow our beacon of hope for Q2. I hope this incoming months thay instead of “hoping” for it to get better we’ll indeed experience the “better”.
Mary Joy Valdevieso
April 14, 2022 at 9:55 PM
With this research and the survey that is conducted, I can conclude that most Filipinos are positive that our economy will be improve and be back to normal. This is such a good inspiration to other people that they should think positively and be encourage to contribute to the improvement of the economy of the Philippines to reach their expectations. But, since we’re still at the urge of the Pandemic we shouldn’t forget to follow the protocols and be careful with all of our actions in order to be safe. To be honest I only expect a little improvement from our economy because I believe that we shouldn’t rush this kind of things. It takes time to be back to what we used to be, let’s just be patient and be contented with at least a little improvement, what matter the most here is that there is an improvement. Let’s focus with our health also. Just like what other people say, “Dream Big, Start Small”, I think this quotation can be applied in this kind of situation.
Joybee Agravante
April 15, 2022 at 4:06 AM
Hindi ako nasisiyahan sa pasya ni Pangulong Duterte sa pagwawalang bisa sa Sim Registration Bill na naglalayon maprotektahan ang bawat mamamayan mula sa anumang threats online pero sa kabila nito, mayroon pa rin namang mga solusyon sana’y mas maging matibay ito at magkaroon ng malawakang protektsyon ang bawat mamamayan sa online world ?
Joybee Agravante
April 15, 2022 at 4:09 AM
Napakalaking tulong nito para sa pagtaas muli ng ekonomiya ng bansa at pagbabalik sa trabaho ng mga nawalan ng trabaho . Magkakaroon na muli ng mapagkukunan ng pantustos para sa kanilang pamilya .
Ann Lovendino
April 15, 2022 at 8:10 AM
We are slowly getting back to normal. I am hoping and praying for the better economy soon and also for the better LEADERS to be elected this coming election.???
Cecille Moreno
April 15, 2022 at 9:51 AM
Well there is nothing better than hoping for the best,for the things to get better in the upcoming months.Also it is quite good that our citizens now understands how other country’s economy and peace impacts on our own and expressing more logical views on the matter.Pandemic wise,their disapproval of lifting the mandatory use of facemask only goes to show taht our countrymen remains cautious and concerned to health issues.
Christlyn Ambol
April 15, 2022 at 11:43 PM
He maintained that the use of face masks would help prevent the further transmission of COVID-19