These risks are not meant to be exhaustive but rather are used to illustrate the potential consequences of the vulnerabilities we have identified. Other possible triggers might include a large-scale credit event in the global resource sector or a sovereign credit event, for example.
On the other hand, SOCCSKSARGEN Region successfully hurdles the challenge with its competitive cities and provinces leaping strides. Meanwhile, BARMM achieved several significant investments feats and withstood gaps and challenges . While our current experiences pose challenges, it is also a reminder that a robust financial and banking system combined with proactive policies can mitigate the impact of CoVID-19.