The United Nations Industrial Development Organization (UNIDO), in collaboration with the Department of Trade and Industry (DTI), and other partners from government, private sector, the academe, and other development partners, embarked on the “Assessment of the Socio-economic Effects of COVID-19 and Containment Measures on Philippine Enterprises” with the intent to (1) determine the impacts / effects of the COVID-19 containment measures and responses to the operations and financial positions of Philippine enterprises; and (2) identify gaps and areas of improvement that can guide and inform the design of technical assistance, stimulus packages, and other financing opportunities for MSME recovery, beyond addressing the usual cash flow issues, but also to build back better and increase resilience against possible future social or economic shocks.