MANILA, Philippines — People lost around P83.3 billion in possible income due to the stricter lockdown measures enforced for almost five weeks in Metro Manila and four adjacent provinces due to a new surge in COVID-19 cases surge, Acting Socioeconomic Planning Secretary Karl Chua said during a pre-recorded briefing with President Rodrigo Duterte that aired on Monday night.
The National Economic Development Authority (NEDA) will continue monitoring figures on income that people were not able to receive due to the strict enhanced community quarantine (ECQ) or the modified ECQ (MECQ), Chua said.
According to him, for every week of ECQ, the income lost was P19.6 billion, and for ever…
Keep on reading: P83.3 billion worth of income lost in five weeks of ECQ, MECQ