“In Taal, the effect on the GDP there is really very small. I think it’s .17 of the GDP of the Calabarzon area, I don’t think that’s that big hit,” Dominguez said during the press conference of the 118th anniversary of Bureau of Customs.The government official, however, clarified that he was not downplaying the effect of the eruption on the villagers in Batangas.
“Of course, I am not downplaying the misery of people that have people suffered because they lost their homes, especially the people who live around the islands. So those people were really hit but as a whole, I don’t think it [GDP effect] was very large,” he said.
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