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вЂњInternet connectivity вЂ“ the foundation of the digital economy вЂ“ is limited in rural areas, and where they are available, services are relatively expensive and of weak quality,вЂќ said Ndiame Diop, World Bank Country Director for Brunei, Malaysia, Philippines and Thailand. The вЂњdigital divideвЂќ between those with and without internet leads to unequal access to social services and life-changing economic opportunities. The use of digital technologies in the Philippines, however, is still below its potential, with the countryвЂ™s digital adoption generally trailing behind many regional neighbors. As we are now living with the new normal, the use of digital technology and digital transformation have become important for Filipinos in coping with the present crisis, moving towards economic recovery, and getting us back on track towards our long-term aspirations,вЂќ NEDA Undersecretary Rosemarie G. вЂњThis pandemic has caused substantial disruptions in the domestic economy as community restrictions have limited movement of people and reduced business operations nationwide.

Titled вЂњ A Better Normal Under Covid-19: Digitalizing the Philippine Economy Now,вЂќ the report says that the use of digital technologies such as digital payments, e-commerce, telemedicine, and online education, is rising in the Philippines and has helped individuals, businesses, and the government cope with social distancing measures, ensure business continuity, and deliver public services during the pandemic.

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MANILA, October 5, 2020- Rapid adoption of digital technologies can help the Philippines overcome the impact of the Covid-19 pandemic, recover from the crisis, and achieve its vision of becoming a middle-class society free of poverty, according to the report released today by the World Bank and the National Economic and Development Authority (NEDA).