The Philippines, which implemented one of the world’s longest and strictest lockdowns last year, suffered its worst-ever recession in 2020. -The Straits Times/ANN
MANILA (Bloomberg): The Philippines may miss its target of at least 6.5% economic growth this year after a resurgence of Covid-19 infections forced the capital into a two-week lockdown, Economic Planning Secretary Karl Chua said.
"We were a healthy economy before Covid. Now, we’re struggling, ” Chua said in an interview Tuesday (April 13).
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