‘Boracay closure to have little impact’

The recommended six-month closure of Boracay Island will have no significant impact on the overall economy, soecioeconomic planning officials said on Tuesday.

“Basically, the overall picture we see is even if say the ban extends to up to six months, at the macro level its not going to be significant,” National Economic and Development Authority (NEDA) director Reynaldo Cancio said during a press briefing.