This photo shows the corner of Paseo de Roxas and Makati avenues amid the enhanced community quarantine on May 7, 2020, the day the Philippine Statistics Authority announced that the country's economy contracted by 0.2 percent in the first quarter due to the impact of the coronavirus disease 2019 and the lockdown imposed to contain it on economic activities. PHOTO BY J. GERARD SEGUIA
Growth of the Philippine economy would contract further in the second quarter of 2020, economists projected on Thursday, after the government reported that growth in the first three months sank to 0.2 percent.