Post
Topic
Board Economics
Merits 3 from 1 user
Re: Philippines will drop as a Country, Economy on its worst!
by
panganib999
on 31/07/2020, 20:13:41 UTC
⭐ Merited by The Pharmacist (3)
I can feel you buddy and I am having the same feeling about the situation towards the Philippine government on which we are seeing numerous cases of infected individuals despite of the couple of months community quarantine that seems nothing is happening. Yes, I understand that the reason why the cases are keep on rising is because of the mass testing being done compared to the previous months which make it hard to identify the infected individuals locally and from those people that just went home from other countries because their jobs are being affected by the pandemic.

The Philippine government as of the moment have already debt reaching almost 10 trillion pesos or accumulated to be 200 million USD which is said to be used for the response this pandemic but the citizens seems not to be feeling where does the fund get into? Lately I have read from the news a very surprising news about the biggest number of recovery being recorded which is 38,000+ that on a first glance is really a good news because it was a great move that many people are now being recovered from the virus but upon reading the classifications to be stated as recovered that includes asymptomatic and mild cases, this makes no sense for the department of health to manipulate such data just to say we are fighting back against the virus.

This pandemic have brought up many job opportunities most specially through online that is pretty good to know but it does not and cannot hide the thing that the economy is struggling due to lots of debts that are unseen to be useful and supposedly to be used this pandemic. Citizens must have concern on this because taxations and income coming from overall production of the country will be used up to pay for that and I think it will take too long for that to be cleared out.