Pernia: Metro Manila quarantine has minimal economic impact

Socioeconomic Planning Secretary Ernesto Pernia says the one-month community quarantine in Metro Manila will have only a short-term impact on the economy.

Movement of goods and trade will not be restricted, minimizing economic disruption.

Analysts warn that the lockdown could still slow overall growth due to disruptions in logistics and supply chains.

Prior to the quarantine, NEDA estimated potential GDP reductions of 0.4-0.9% if the threat extends until June.