how will you react if you're one of us staying on the same country...
If you have any money left then start buying gold or cryptos because the value of fiat is going to get a big hit if the economy falls rapidly.And try to create your own job opportunities don't wait for the government to do it for you which will be really helpful with tacking the unemployment.
But this is not only the issue of Philippines, almost every developing and developed country are into that situation.
at least in developed countries the development and prevention of this epidemic will be easier than developing, because the production of infrastructure, and others are already developed from developing countries, the unemployment rate is low, corruption may be only a little, and it is inversely proportional to developing countries.
There is no difference with developed and developing countries when it comes to the pandemic, USA one of the most developed country is also ranging in the top of number of people got infected but the difference comes in the recovery phase if it is developed country and overwhelming with wealth then they can spend lot money for that process which may be lacking in the developing countries.