'Worst is over,' Palace says after economy shrinks in third quarter | ABS-CBN
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'Worst is over,' Palace says after economy shrinks in third quarter
'Worst is over,' Palace says after economy shrinks in third quarter
ABS-CBN News
Published Nov 10, 2020 03:15 PM PHT
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Malacañang said Tuesday the worst was "over" after the Philippine economy shrank for the third straight quarter (July-September) with the lingering COVID-19 pandemic.
Malacañang said Tuesday the worst was "over" after the Philippine economy shrank for the third straight quarter (July-September) with the lingering COVID-19 pandemic.
Presidential Spokesperson Harry Roque said the economic contraction was due to the temporary return to stricter lockdown of several neighboring provinces, which account for about a third of the gross domestic product.
Presidential Spokesperson Harry Roque said the economic contraction was due to the temporary return to stricter lockdown of several neighboring provinces, which account for about a third of the gross domestic product.
Watch part of his press briefing here.
Watch part of his press briefing here.
Read More:
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Harry Roque
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