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COVID-19 Economic Impact in the Philippines by Sheena Sandoval is a document available to read on EtoBox.

What is COVID-19 Economic Impact in the Philippines about?

The COVID-19 pandemic has severely impacted the Philippine economy. The PSEi stock market index dropped over 25% when the ECQ was implemented in March. GDP growth projections have been revised downward and the economy may contract by 0.3% in 2020, indicating a recession. Industries like transportation, tourism, and retail have been hit hard by lockdowns and travel restrictions. However, sectors providing essential services like food manufacturing, telecommunications and utilities have remained resilient. Wh

Author

Sheena Sandoval

Language

EN