MANILA, Philippines — Up to 95 percent of the economy would resume jobs and provide income once the entire Philippines is placed under a uniform and the least stringent of its Covid-19 quarantine levels, which the government’s chief economist has been pushing amid a prolonged pandemic and the recession it wrought.
Acting Socioeconomic Planning Secretary Karl Kendrick Chua said in a text message Sunday that imposing modified general community quarantine (MGCQ) nationwide would revert nearly all of supply-side economic activities, which meant producing more goods and providing consumers a wider array of services.
If President Duterte approves this proposal pushed by the economic tea…
Keep on reading: Chua: Nationwide MGCQ to resume 95% of economy