45-day ECQ cost PH economy P1.1 trillion, says Neda

The Philippine economy lost an estimated P1 trillion in the agriculture, industry and services sectors during the first 45 days of COVID-19 lockdowns, according to the state planning agency National Economic and Development Authority (Neda). The losses, equivalent to 5.6 percent of gross domestic product (GDP), were most felt in the National Capital Region (NCR) […]