The President's penultimate year in power, however, faces great economic uncertainty as analysts predict a recession and more job losses.
For the first time since 1998, the Philippine economy shrank in the January-to-March period due to the pandemic. In April, government data showed that there were 7.3 million jobless Filipinos, which could further balloon as the coronavirus crisis threatens more businesses.
Before the coronavirus pandemic, the Philippines was one of the "best performing" economies in the world, which could be attested by the record credit ratings of the country, Presidential Spokesman Harry Roque said.
gabgalsfam39
Aside from the pandemic, what can you say about the rest of his presidency, before pandemic???
autumn8244
His war on drugs that killed thousands, to the deadly siege by ISIL-inspired fighters in the city of Marawi, and the current health emergency that already infected 36,000 people and killed more than 1,250 others, Duterte has relied on “militarist” approach to every major crisis he faced, even if it is not working, observers added.
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The President's penultimate year in power, however, faces great economic uncertainty as analysts predict a recession and more job losses.
For the first time since 1998, the Philippine economy shrank in the January-to-March period due to the pandemic. In April, government data showed that there were 7.3 million jobless Filipinos, which could further balloon as the coronavirus crisis threatens more businesses.
Before the coronavirus pandemic, the Philippines was one of the "best performing" economies in the world, which could be attested by the record credit ratings of the country, Presidential Spokesman Harry Roque said.