MANILA, Philippines — The two-week enhanced community quarantine over the Greater Manila Area cost the Philippine economy an estimate of P180 billion in losses, the Department of Trade and Industry (DTI) said Thursday.
In a televised briefing, DTI Secretary Ramon Lopez says this figure amounts to about 1 percent of the country’s P18 trillion gross domestic product (GDP).
“Doon sa nawala sa ekonomiya, ang estimate po for the two weeks ay around 1 percent ng ating GDP. Yung 1 percent na yon, kung tayo ay may GDP ng mga P18 trillion, 1 percent ay P180 billion po ang estimate na nawala sa ating ekonomiya,” Lopez said.
(In terms of the economy’s loss, the estimate for the weeks is …
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