Duterte admits country loses P2 billion a day due to pandemic restrictions

Duterte admits country loses P2 billion a day due to pandemic restrictions

- President Rodrigo Duterte admitted that the country is losing so much because of the pandemic

- He stated that the country is losing to the tune of P2 billion per day

- He then highlighted the factors that contribute to the economic downturn, particularly the continued physical distancing and the limited transportation operations

- The president also noted that the economy is really in bad shape and that the country is suffering with everybody

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President Rodrigo Duterte, during his weekly meeting with the Inter-Agency Task Force for the Management of Emerging Infectious Diseases, tackled the issue concerning the Philippine economy.

He admitted that the country is losing billions on a daily basis, stating that the pandemic has really crippled the economy.

Duterte admits country loses P2 billion a day due to pandemic restrictions

Photo: Wikimedia Commons
Source: UGC

He revealed that the country is losing P2 billion on a daily basis primarily due to the social distancing measures and limited transportation.

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"Araw-araw, we are losing ₱2-billion para sana sa mga tao. The Filipino workers would have earned that money kung ang ekonomiya natin gumagalaw," said the President.

He added that the country, along with other countries in the world, is really in a bad-shape, economically speaking.

"The economy of the Philippines is really in bad shape... We are suffering with everybody," said Duterte.

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Some prominent personalities took to social media to contradict President Rodrigo Duterte’s recent speech. The President earlier addressed claims that his daughter, Davao City Mayor Sara Duterte, will run for presidency in 2022 election. In a statement during the inauguration of Skyway 3, he expressed that presidency is not for women. Celebrities like Angelica Panganiban, Karen Davila and Agot Isidro then contradicted the said statement.

Frankie Pangilinan previously made President Rodrigo Duterte the subject of her tweet. She reposted some photos of the politician where he was seen holding an identification card. The daughter of Sharon Cuneta also showed an up-close photo of the ID that the chief executive was holding - According to Frankie, she will go for “Oust Dela Cruz” after seeing the recent photo of Duterte.

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Source: Kami.com.ph

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