NEDA: COVID-19 crisis a ‘temporary setback,’ PH economy to bounce back

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 86%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

NEDA acting Director-General Karl Kendrick Chua has assured the public that the COVID-19 pandemic is just a “temporary setback” on the economy as the Philippines is performing better than other countries. | IBiongINQ

MANILA, Philippines — National Economic Development Authority acting Director-General Karl Kendrick Chua has assured the public that the COVID-19 pandemic is just a “temporary setback” on the economy as the Philippines is performing better than other countries.

“Itong COVID crisis ay isang temporary setback. Lahat po ng bansa ay naghihirap dahil dito, walang exempted. Pero ang kalagayan po natin ay mas maganda at mas handa po tayo na makabawi sa lalong madaling panahon,” Chua said Saturday in an online press briefing.The acting NEDA chief claimed that the Philippine economy’s 6.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

IBiongINQ He forgot that our clients come 'from other countries' so if other countries are not doing that well, then we will lose clients, and will head that way in the coming months. So yeah, sucks to think only of today.

IBiongINQ hahaha ayaw Mong malaman ng pangulo Ang bagsak na economy NG Pilipinas

IBiongINQ ha ha wish mo lang! we have gone diwn the drain and FAST!

IBiongINQ Haist sayang ka bata! :( Nagpakatuta ka rin.

IBiongINQ Sneaky clown declaration

IBiongINQ Baligtad siguro ang smartphone screen niya nuong tingnan niya ang GDP Chart!!

IBiongINQ Better than.... what countries?

IBiongINQ Pag 3rd world country na tayo tapos bumagsak economy, magiging 4th world country na ba tayo nyn? Asking for a friend🙃

IBiongINQ Hahahahahaha!!!!! Sino ka?

IBiongINQ Cant wait for karl to go over the Q2 numbers for ph. Knowing that the economy didnt move for more than a month

IBiongINQ Wowwww.....having loans left n right U don't know what ur saying kid!!!!!!!

IBiongINQ True naman. Philippines being part of china is doing well. 🙈🙈🙈🤐🤐🤐

IBiongINQ Gusto nito maging officially NEDA Sec. Ganyan sa china eh, tell you voss everything is ok and you get a promotion. Aww, wait lang intsik pala to kaya alam din nya ginagawa nya para sa posisyon. Bravo Bravo!

IBiongINQ moron

IBiongINQ Isa kpa, Mr chua wag muna tularan si bato, bong go, Panelo, Duque, at roque ha mukhangjoon mga sinungaling yun.

IBiongINQ Nag-aalusan na nga foreign companies. Ano temporary pinagsasabi neto.

IBiongINQ wish mo lang? at the rate we're going its pfffft all the way!

IBiongINQ paano naging temporary setback? eh dahil nga dyan ngkanda utang2 na ang pilipinas.. pati nga siguro apo ko sa kuko may utang na..😂😂😂😂😂🤭🤭🤭🤭🤭🤭🤭🤭🤭🤭🤭

IBiongINQ Oh right..sabi mo eh..

IBiongINQ Get out of your shell K. Chua

IBiongINQ Nasense ko bakit ganun ang sinabi ni Pernia nung nagresign sya. Lol

IBiongINQ The kid is smart but he is so out of touch. Having a temporary setback means you will go back to normal. But it will not happen in the next 2 to 3 years at least because we are in a NEW normal

IBiongINQ Baka naman binenta nyo WPS kaya temporary set back? Ano magaling pa tayo sa mga 1st world country? Dahil ba ito sa mga POGO, yung WPS gagawin na rin POGO country like in Cavite?

IBiongINQ Sabi na nga ba e. Protege ni Sonny Dominguez yan e. Binalaan ka na nga ni Ernesto Pernia e. Ernesto Pernia Sonny Dominguez and Karl Chua combined

IBiongINQ Talaga?

IBiongINQ High school student?

IBiongINQ You're kidding, aren't you?

IBiongINQ Speaking like his padrino

IBiongINQ This kid, who is no whizz, is just kidding... Pathetic...

IBiongINQ tss..🐘💩💩💩

IBiongINQ Walang point makipag-compare sa ibang bansa pag negative ang growth. Lumiit ang GDP, ibig sabihan naghirap ang karaniwang tao. Excused ka ngayon kasi kaka-upo mo pa lang at may pandemya, pero pag tapos nito, hindi pwedeng pasmile-smile ka lang

IBiongINQ If New Zealand, one of the most consistent +GDP countries can't do it and is preparing for a long recession, what makes our largely debt ridden and unprepared country think it can? Preparing for the worst includes accepting the truth.

IBiongINQ Is this man a Filipino?

IBiongINQ Why am I not convinced here?

IBiongINQ There's always a silver lining, 'ika nga.

IBiongINQ I dont believe and trust this guy.

IBiongINQ Say it many more times, you might just believe it.

IBiongINQ Doing better than other countries? Elaborate. Which other country?

IBiongINQ Kumusta nmn yan? Nose dive! Ouch!!!😠😠😠

IBiongINQ ako lang ba o parang wala talagang dating yung statement? Parang nde nakakapawi ng pagkabahala.

IBiongINQ That's a given. Filipinos have faced numerous setbacks and we stood back. Question is does this government work enough to alleviate the economic suffering caused by this pandemic?

IBiongINQ Do we have any other plans on what to do after the lockdown Mr. Chua? On how we will be easing out of this strict enforcement? Or even if a 2nd wave happens? Does this government think about any of that or their main focus if getting back against their perceived opponents?

IBiongINQ I hate DDS ha but I think Sec. Chua is cute 😂 share ko lang.

IBiongINQ Napag iwanan na nga tayo ng milya milya ng karatig bansa. Anong pinagsasabi na naman nitong panloloko?

IBiongINQ Mr. TRAIN Law talking.

IBiongINQ Really? Pls dont sugarcoat the truth.

IBiongINQ 😂 might be temporary ,but a major one. So let’s not lick our balls just yet

IBiongINQ So bakit pa tayo umutang?

IBiongINQ maybe for some industries and businesses but for most of us it will be a long and winding road back to 'normal'

IBiongINQ Pero cute sia ah..

IBiongINQ Totoy, dumede ka na. Kulang ka na sa nutrisyon. Kung anu-ano na pumapasok sa kokote mo. Pagkatapos maglaro sa labas maligo ka ha. 😂🤣

IBiongINQ 'temporary setback'? when everyday the number of getting infected is growing?...very intelligent opinion!!!

IBiongINQ here comes another clown.

IBiongINQ Philippine economy is at a standstill right now, bankruptcies and massive unemployment are looming on the horizon. If this is better then I don’t know kung saan ang comparison niya.

IBiongINQ At upper middle income status this year? Di b lower middle income country tayo for the longest time? Bakit? Nagsimula n b build, build, build? Baka bust, bust, bust? Or utang, utang, utang?

IBiongINQ Small comfort 🙄

IBiongINQ How are we 'better off?' dahil sa 6.6 %GDP? I am not an economist but I doubt a significant percentage of the population can feel that relatively high GDP. Because its not the only basis to say our country is better off than other countries.

IBiongINQ Engot mo. Kaya ka pala inupo diyan. Isa pa tong tuta

IBiongINQ Buy Filipino

IBiongINQ Made in china

IBiongINQ Performing better? 🤔🤔🤔🤔

IBiongINQ performing better in POGO. 😅 donttrustthechinese

IBiongINQ People are hunry and dying. You dont know anything. Mr. Puppet

IBiongINQ There your penchant for comparing. And when you are proven wrong, then you retort by saying “sino ba nakakaalam ang mga susunod na pangyayari.”

IBiongINQ Naku mukhang may bagong miyembro ang grupo nina Panelo, Lorenzana, at Roque 🤨

IBiongINQ Good way to suck up on your Boss. Show us proof!

IBiongINQ He sounds exactly like harry roque.

IBiongINQ Uutang lang ang solusyon nyan.

IBiongINQ sure mr. taxman.. sure.

IBiongINQ Let’s officially welcome Karl Chua as an overlord in the DDS cinematic universe.

IBiongINQ Lokohin nyo pa sarili nyo! May pasetback2x pang nalalaman. Kadiri kayo, niloloko nyo ang buong sambayanang Pilipino.

IBiongINQ Is he high or something? He must be.

IBiongINQ More on publicity not in reality

IBiongINQ my BS meter just blew up

IBiongINQ uh.. you kidding right?

IBiongINQ San kaya mabibili yang sinasabi nyang tigsampu per kilong bigas para dun ako bibili? Yun daw effect ng rice tariffication eh kaya lang la pa akong nakita sa palengkeng gaming presyohan. Kahit palay maswerte na ang magsasaka kung mabebenta nya ng kinse per kilo dito sa amin.

IBiongINQ They are singing the same tune! Just means they are all lying!

IBiongINQ Can not trust a guy with a Chinese name

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:

 /  🏆 3. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines