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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of President Duterte's partial lockdown on the region on March 16 and the enhanced community quarantine on Luzon that superseded it impacts heavily on the Philippine economy as a whole.
On March 12, Duterte announced a partial lockdown covering Metro Manila, [5] that began on March 15. At one point during Duterte's pronouncement about the Metro Manila "community quarantine," he said that "they are afraid to call it a lockdown, but it is a lockdown." [6] [7] This statement left many confused. [8]
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 ...
On March 12, 2020, President Duterte announced a partial lockdown covering the entirety of Metro Manila that was later put into place on March 15. [22] The lockdown was further expanded on March 16, when President Duterte imposed an enhanced community quarantine (ECQ) throughout the entire island of Luzon and its associated islands. This was ...
The Philippines' caseload is the second largest in Southeast Asia, where the combined number of infections has surpassed those in China, where the pandemic emerged. Philippines virus cases soar ...
By mid April, nearly 300 million people, or about 90% of the population, were under some form of lockdown in the United States, [518] with around 100 million in the Philippines [519] and about 59 million in South Africa, [520] while around 1.3 billion were under lockdown in India, which was the largest of all lockdowns.
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]
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