Which industries can reopen under modified lockdown? COVID19Quarantine
MANILA The Philippines on Saturday placed more areas under a looser coronavirus lockdown to reboot its shrinking economy and halt job losses that topped the 1-million mark.
Metro Manila, which accounts for a third of gross domestic product, will be under modified enhanced community quarantine until May 31, together with other "transitioning high-risk" Luzon provinces, said the government's inter-agency task force on pandemic response.
The economy shrank by 0.2 percent in the first quarter of the year, the first contraction in 22 years, as the lockdown that started on March 17 shut businesses and forced people to stay at home. The government revised its growth forecast for 2020 to a contraction of 2 to 3.4 percent. The Philippines lost up to 1.5 million jobs permanently or temporarily because of the pandemic, Finance Secretary Carlos Dominguez said on May 12, as he unveiled a 5-point plan to restart the economy.
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