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Rosal sees improved Bicol economy by year-end

OPTIMISM. Incoming Albay Gov. Noel Rosal expresses optimism on Thursday (June 22, 2022) that Bicol's economy will start to improve in the last quarter of this year. He said although the region's annual average inflation rate increased from 2.7 percent in 2019 to 6.1 percent in 2021, the figure from January to May this year has already improved to 3.7 percent. (Photo from Noel Gie's Facebook page) LEGAZPI CITY - Former chairman of the Bicol Regional Development Council (RDC), incoming Albay Gov. Noel Rosal, on Thursday expressed optimism that the region's economy will start to improve in the last quarter of the year due to the ongoing opening of businesses that could provide employment to those who lost jobs amid the coronavirus disease (Covid-19) pandemic. "I am optimistic that the continuing opening of the region's economy will boost employment growth until it finally goes back to its pre-pandemic condition before this year ends," Rosal said in an intervi

Camarines surNoel rosalBicol regional development councilBicol international airportLocal infrastructure programOptimism incoming albay gov noel rosal expresses on thursday june 22022 that bicol 39s economy will start to improve in the last quarter of this year he said although region annual average inflation rate increased from 2 7 percent 2019 6 1 2021He figure from january to may this year has already improved 3 7 percent photo noel gie 39s facebook page legazpi city former chairman of the bicol regional development council rdcNcoming albay gov noel rosalN thursday expressed optimism that the region 39s economy will start to improve in last quarter of year due ongoing opening businesses could provide employment those who lost jobs amid coronavirus disease covid 19 pandemic quoti am optimistic continuing boost growth until it finally goes back its pre condition before this endsUot rosal said in an interview he although the region 39s annual average inflation rate increased from 2 7 2019 to 6 1 2021He figure from january to may this year has already improved 3 7 quot if trend will continueHen we could expecta better economic condition in the region at least last three months of this yearUot rosal said he also considered the very high growth rates that bicol had posted before pandemicHich reached 8 9 percent in 2018 and 7 4 2019 asa quot blessing disguise these very high growth rates had cautioned the impact of covid 19 pandemic 2020 we could have suffered worst brunt our economic condition bicolUot rosal said he also noted the completion and operations of bicol international airport bia which was inaugurated on oct 7

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