The webinar was about the macroeconomy, fintech, and sustainable recovery amid

new uncertainties. They have discussed the Philippine Economy, harnessing the bright spots.
The Philippines is primarily thought of as a recently industrialized country with an economy
that is transitioning from agriculture to services and manufacturing. GDP by purchasing
power parity was predicted to be $1.47 trillion in 2021, ranking it 18th in the world. The
Philippines' economic vitality stems from strong consumer demand, which is fueled by a
thriving labor market and steady remittances.

They have also presented the shift to sentinel surveillance to protect the more
vulnerable population. They have shown the percentage of people who have been vaccinated
for it has a significant impact on our environment. The COVID-19 epidemic has claimed
many lives around the world and poses an unprecedented threat to public health, food
systems, and the workplace. The pandemic's economic and social effects are devastating: tens
of millions of people are at risk of falling into extreme poverty, and the number of people
who are undernourished, which is presently estimated at almost 690 million, might rise to 132
million by the end of the year.

In terms of macroeconomics aspects, the prospects continue to be favorable. They

have illustrated the real GDP growth, inflation rates, growth of goods exports, etc. Positive
macroeconomic variables promote economic growth and financial stability in a country's
economy. Positive macroeconomic conditions boost an economy's cash flow and encourage
businesses to expand. They have an impact on practically everything, including employment,
government benefits, the availability of goods and services, how nations interact with one
another, and the pricing of food in stores.

In conclusion, the webinar itself is very reliable to the real things that are happening
in the world especially in our economy due to the pandemic. It is commendable that they
emphasize the importance of continuing to collaborate in order to overcome current and
emerging challenges. More than ever, we must prioritize stronger international cooperation in
order to achieve the green, resilient, and inclusive global economy that we all seek.