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    Pernia sees P1.96-B revenue loss in Boracay Shutdown

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    Date
    April 25, 2018
    Author
    Padin, Mary Grace
    Villanueva, Rhodina
    Mateo, Janvic
    Porcalla, Delon
    Romero, Alexis
    Talavera, Catherine
    Simeon, Louise Maureen
    Romero, Paolo
    Rendon, Jennifer
    Metadata
    Show full item record
    Classification code
    PS20180425_2
    Excerpt
    The Philippine economy might lose around P1.96 billion due to the closure of Boracay Island, the National Economic and Development Authority (NEDA) said yesterday. During a press briefing with the Development Budget Coordination Committee (DBCC), Socioeconomic Planning Secretary Ernesto Pernia said the closure of Boracay would lead to a reduction in gross domestic product (GDP) amounting to P980 million per quarter. Earlier, NEDA said the six-month closure of Boracay would decrease GDP growth by 0.1 percentage point.
    Citation
    Padin, M. G., Villanueva, R., Mateo, J., Porcalla, D., Romero, A., Talavera, C., Simeon, L. M., Romero, P., & Rendon, J. (2018, April 25). Pernia sees P1.96-B revenue loss in Boracay Shutdown. The Philippine Star, p. 2.
    URI
    http://hdl.handle.net/20.500.12174/603
    Associated content
    Online version
    Subject
    Economic; Absorption coefficient; Socioeconomic aspects; Tourism; Economic analysis; Restoration; Environmental restoration; Programmes; Cleaning; Personnel; National Economic and Development Authority (NEDA); Development Budget Coordination Committee (DBCC); Department of Tourism (DOT); Department of Social Welfare and Development (DSWD); Philippine Coast Guard (PCG); The Kalikasan People’s Network for the Environment (PNE); Pernia, Ernesto; Duterte, Rodrigo; Cimatu, Roy; Balilo, Armand; Palabrica, Ramil; Dulce, Leon; Villanueva, Rhodina; Mateo, Janvic; Porcalla, Delon; Romero, Alexis; Talavera, Catherine; Simeon, Louise Maureen; Romero, Paolo; Rendon, Jennifer; Leyco, Emmanuel
    Collections
    • The Philippine Star [1612]

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