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endIndex: Metro Manila (CNN Philippines, July 16) The head of the Department of Trade and Industry says the economy will be picking up beginning in the second quarter of the year if the Philippines can avoid another surge in COVID-19 cases that may be triggered by the highly transmissible Delta variant. “We expect the positive growth to take place and to start this second quarter and into the third and fourth quarter,” Trade Secretary Ramon Lopez told CNN Philippines’ The Exchange on Friday. The Cabinet official cited the milder economic decline of 4.2% observed for the period January to March, compared to the 8.3% slump in the fourth quarter of 2020. 

Metro manilaPhilippines generalRamon lopezNicholas mapaCarlos dominguezExchange onSecretary ramon lopezFinance secretary carlos dominguezமெட்ரோ மணிலாராமன் லோபஸ்நிக்கோலஸ் மாபாகார்லோஸ் டமிஂகெஸ்பரிமாற்றம் ஆன்செயலாளர் ராமன் லோபஸ்நிதி செயலாளர் கார்லோஸ் டமிஂகெஸ்