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The COVID-19 pandemic caused far-reaching economic consequences [1] including the COVID-19 recession, the second largest global recession in recent history, [2] decreased business in the services sector during the COVID-19 lockdowns, [3] the 2020 stock market crash (which included the largest single-week stock market decline since the financial ...
According to graphical representation presented by ADB in the publication, the GDP impact of the outbreak in the Philippines would be about between 0.0 and -0.5 percentage of the GDP in a best-case scenario while in a worst-case scenario, it would be around slightly near −0.5 percentage of the GDP with a hypothetical worst-case impact of ...
The effects of the COVID-19 pandemic, a global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS CoV‑2), have been broad, affecting general society, the global economy, culture, ecology, politics, and other areas. These aspects are discussed across many articles:
The Bayanihan to Recover as One Act, also known as Bayanihan 2, [1] and officially designated as Republic Act No. 11494, is a law in the Philippines that was enacted in September 2020 granting the President additional authority to combat the COVID-19 pandemic in the Philippines. [2] [3]
The COVID-19 pandemic in the Philippines was a part of the worldwide pandemic of coronavirus disease 2019 caused by severe acute respiratory syndrome coronavirus 2 . [4] As of February 24, 2025, there have been 4,173,631 [ 1 ] reported cases, and 66,864 [ 1 ] reported deaths, the fifth highest in Southeast Asia , behind Vietnam , Indonesia ...
The Bayanihan to Heal as One Act, also known as the Bayanihan Act, [1] and officially designated as Republic Act No. 11469, is a law in the Philippines that was enacted in March 2020 granting the President additional authority to combat the COVID-19 pandemic in the Philippines. [2] The word "bayanihan" is a Tagalog word for communal work.
The roughly $5 trillion in COVID-19 stimulus spending was one of the boldest experiments in the history of America's social safety net. Proponents of the legislation that authorized the aid said an...
The COVID-19 pandemic in Central Visayas is part of the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The virus reached Central Visayas on February 5, 2020, when the first case of the disease was confirmed in Bohol. As of May 2, 2023, there have been 210,549 ...