Philippine agriculture and COVID-19 impact

The Philippine economy is on a downward trajectory. The main culprit: the COVID-19 pandemic which has also affected over 120 countries.

In 1998, the economy declined by 0.5% due to the Asian financial crisis and the El Niño dry spell. The drought brought down agriculture by 7%. This year, the economy contracted by 0.2% in the first quarter, the first time in more than two decades. The turnout was somehow affected by the Taal Volcano eruption in January. Agriculture slid by 0.4%.

For the second quarter, the situation could be worse as the government imposed a lockdown in mid-March. There are possible ill effects caused by the drought in Mindanao and Typhoon Ambo.

https://www.msn.com/en-ph/money/topstories/philippine-agriculture-and-covid-19-impact/ar-BB15uXfV

https://www.agriculture.com.ph/2020/05/09/two-organizations-collaborate-to-help-farmers-in-pampanga-and-davao/

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