PH households among worst affected by pandemic in ASEAN: ADB survey

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A recent survey by the Asian Development Bank showed that 84 percent of households in the Philippines said their income declined because of the COVID19 pandemic

MANILA - Philippine households were among the worst affected by the pandemic in Southeast Asia, a recent survey by the Asian Development Bank showed.

Based on the survey, 84 percent of households in the Philippines said their income declined because of the COVID-19 pandemic. This was the worst in the region, followed by Indonesia at 81 percent and Myanmar at 78 percent. The average for the 8 ASEAN countries was 73 percent. The state statistics agency said 10 percent or around 4.6 million of adult Filipinos were jobless as of July. An independent survey meanwhile put the jobless rate at a much higher 45.5 percent or around 27.3 million unemployed Filipinos as of July.

“Many governments had very strict measures like lockdowns, but it turned out those across-the-board measures are very counterproductive,” said ADB Institute Dean Tetsushi Sonobe during a virtual conference on the results of the study. “There must be more testing, more fine-tuning [of] regulation on containment measures, more granular information area-wise, sector-wise, time-wise, or specific hours of the day, or specific days of the week, depending on the sector, to make the economy more active.

 

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Jusmeeee kailangan pa bang i survey yan🤦🏻‍♀️

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