Resuscitating economy a matter of 'national survival': finance chief

  • 📰 ANCALERTS
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

Resuscitating economy a matter of 'national survival': finance chief COVID19Quarantine

MANILA - The Philippine economy cannot remain on shutdown because of the coronavirus pandemic, the country's finance chief said Wednesday, as he called for a "reasonable balance" between protecting public health and livelihood.

"Health and livelihood is not a binary choice. We must protect lives in ways that do not prevent us from earning a living. This is a tough decision to make but we need to do this," he added. Economic experts have said that more Filipinos are expected to lose their jobs in the coming months as the COVID-19 pandemic continues to upend business activity.

"We need to strike a reasonable balance between safeguarding public health and restarting our economy," he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 26. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DA launches new finance program to encourage millennials do agribusinessMANILA, Philippines -- With only a few millennials seeing a future in agriculture, the Department of Agriculture (DA) has launched its first digitized financing program to bridge one gap that hinders
Source: inquirerdotnet - 🏆 3. / 86 Read more »