Agri-food sector key to economic recovery

A recent Oxford Economics report cited key roles and contributions of the Philippine agri-food sector toward the country’s recovery roadmap during these challenging times of coronavirus disease 2019 (Covid-19) pandemic. It highlighted that it should be the policymakers’ top priority to provide favorable conditions for the said industry to successfully help rebuild the national economy.

In its report titled “The Economic Impact of the Agri-Food Sector in South East Asia” commissioned by Food Industry Asia (FIA), Oxford regarded the agri-food sector as a significant driver in the economic recovery of the Philippines, creating employment and putting food on the table at stable prices.