THE two-week enhanced community quarantine (ECQ) being implemented in Metro Manila and adjacent provinces will likely trim the Philippines’ gross domestic product (GDP) growth this year by 0.5 to 0.8 percentage points, according to two of the country’s economic managers.
An empty street is seen at Quiapo district in Manila on March 29, 2021, on day one of government's imposing stricker lockdown, as hospitals in the capital struggle to cope with a surge in coronavirus infections.
Jam STA ROSA / AFP
Jam STA ROSA / AFP