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The Great Lockdown has been used to refer to a number of topics related to the COVID-19 pandemic which occurred in 2020: The pandemic as a whole COVID-19 lockdowns
Timeline of the COVID-19 pandemic in the Philippines (2022) Index of articles associated with the same name This set index article includes a list of related items that share the same name (or similar names).
On 21 April, the United Nations World Food Programme warned that a famine "of biblical proportions" was expected in several parts of the world as a result of the pandemic. [ 418 ] [ 419 ] The release of 2020 Global Report on Food Crises indicated that 55 countries were at risk, [ 420 ] with David Beasley estimating that in a worst-case scenario ...
The Philippine economy contracted by 0.2% in the first quarter of 2020, for the first time since 1998, due to the COVID-19 pandemic and resulting lockdown. [196] Fitch Ratings downgraded its outlook on the Philippines to factor in the impact of the global health crisis brought about by the coronavirus disease 2019 (COVID-19). [197]
Marcos was proclaimed winner of the election in November 1969, and was inaugurated to his second term just before the new year, on December 30, 1969. The social impact of the 1969–1970 balance of payments crisis very quickly led to social unrest – so much so that Marcos went from winning the elections by a landslide in November to dodging effigies by protesters just two months later, in ...
According to World Bank data, the Philippines' gross domestic product (GDP) quadrupled from $8 billion in 1972 to $32.45 billion in 1980, for an inflation-adjusted average growth rate of 6% per year. [40] Indeed, according to the U.S.-based Heritage Foundation, the Philippines enjoyed its best economic development since 1945 between 1972 and 1980.
Being the economic hub of the Philippines, the Metro Manila economy comprises 38.1% of the country's gross domestic product. The imposition of President Duterte's partial lockdown on the region on March 16 and the enhanced community quarantine on Luzon that superseded it impacts heavily on the Philippine economy as a whole.
The economy saw continuous real GDP growth of at least 5% since 2012. The Philippine Stock Exchange index ended 2012 with 5,812.73 points a 32.95% growth from the 4,371.96-finish in 2011. [80] The Philippines achieved an investment grade rating for the first time in the first quarter of 2013.