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International

Philippines sees $70 billion in losses from typhoons, pandemic

November 27, 2020 Reprints

Stella Quimbo, Marikina City representative, said that the recent typhoons and the COVID-19 pandemic have caused an estimated 3.4 trillion ($70.5 billion) in economic losses to the Philippines, The Philippine Star reported. The country’s gross domestic product is expected to contract by 10% in 2020.

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Philippines sees $70 billion in losses from typhoons, pandemic

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