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On July 22, 2023, President Bongbong Marcos lifted COVID-19 pandemic as state of public health emergency. [27] On June 14, 2024, a Reuters expose revealed that the United States allegedly launched a clandestine campaign against China in the Philippines at the height of the pandemic, causing economic damage and putting innocent lives at risk. It ...
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
The Next Generation EU (NGEU) is a €750 billion economic recovery plan launched by the European Union in July 2020 in response to the economic challenges posed by the COVID-19 pandemic. [73] It aimed to mitigate the pandemic's immediate economic impacts and lay the groundwork for long-term recovery through investments in green energy, digital ...
Poverty in the Philippines is a complex issue influenced by various factors, including economic inequality, corruption, and inadequate access to education. The disparity in income across different regions and sectors creates significant barriers for many Filipinos, limiting their opportunities for upward mobility.
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 ... Donated medical supplies received in the Philippines. The pandemic shook the world's economy, with especially severe economic damage in the ...
2020 in the Philippines details events of note that have occurred in the Philippines in 2020.. This year is largely defined by COVID-19 pandemic that caused of the national economic recession and continued until the state of public health emergency was lifted in the country on July 21, 2023.
As of 2023, the COVID-19 pandemic is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS CoV‑2). Its effect has been broad, affecting general society, the global economy, culture, ecology, politics, and other areas.