PH falls to bottom of COVID resiliency report

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Metro Manila (CNN Philippines, September 28)— The Philippines is now at the bottom of a study that measures economies' resilience and response to the COVID-19 crisis.

The country is the lowest out of 53 nations with a score of 40.2 in Bloomberg's latest Covid Resilience Ranking released on Tuesday.

This is one spot down from its 52nd ranking in the previous report.

Other Southeast Asian countries — Indonesia (52.4), Thailand (47.6), Malaysia (44.1), and Vietnam (43.7) — rounded up the bottom five.

"While the region's outbreak may have peaked, their export-reliant economies are still struggling from the hit," the international news agency said.

The Philippine government has yet to comment on the new report, but Malacañang previously said the country is on its way to economic recovery amid the pandemic.

Bloomberg's monthly ranking takes a look at the nations' coronavirus numbers, quality of life, and "reopening progress," which includes an area's state of vaccination and lockdown, as well as flight capacity of airlines.

European countries took the top spots — with Ireland, Spain, the Netherlands, Finland, and Denmark leading the pack.

Pandemic lessons

The report also highlighted some long-term lessons countries can learn from the pandemic.

High-ranked economies have displayed a "widespread degree of government trust and societal compliance," Bloomberg said.

The report also underscored the importance of investing in public health infrastructure as well as research and development.

"Undervalued in many places before 2020, systems for contact tracing, effective testing and health education bolstered the countries that have performed consistently well in the ranking, helping socialize hand-washing and the wearing of face masks. This was key to avoiding economically crippling lockdowns in the first year, before vaccines were available," it added.