BSP sees 0.03% nCoV impact to PH economic growth

By The Manila Times

Feb 06, 2020 6:00 pm

THE 2019-novel coronavirus (2019-nCoV) acute respiratory disease is likely to slow down the Philippine gross domestic product (GDP) growth by 0.3 percent for the whole year, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno revealed on Thursday.

“Preliminary BSP estimates show a 0.3 ppt (percentage point) reduction in 2020 GDP . . .,” Diokno told reporters in a text message.

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