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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 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]
An Act establishing an economic stimulus strategy for the country's growth and development in the aftermath of COVID-19, providing funds therefor June 4, 2020 [7] [8] House Bill No. 6816 Financial Institutions Strategic Transfer (FIST) Act An Act ensuring Philippine financial industry resiliency against the COVID-19 pandemic June 2, 2020 [9] [10]
A weekly update on the impact of the COVID-19 pandemic on the world economy, and on major individual economies such as the US, China, Japan, other Asian economies, Europe, Australia and New Zealand has been produced by Saul Eslake, one of Australia's best-known economists, since late April 2020. [257]
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]
lifting the 30% cap on the amount for the quick respond fund as provided for in Republic Act No. 10121 or the "Philippine Disaster Risk Reduction and Management Act of 2010" during the state of national emergency due to COVID-19. The President of the Philippines shall submit a weekly report to Congress, every Monday, of all acts done for this ...
The Philippine national government has repatriated citizens from various COVID-19 affected countries and cruise ships. As of April 13, at least 13,000 Overseas Filipino Workers have been repatriated according to the DFA. [56] Philippine Airlines, the country's flag carrier, has volunteered several repatriation flights as early as March. [57]
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.