Philippines Has Ample Fiscal Space to Fight Virus: Economic Planner

The video discusses the economic contraction in the Philippines due to various shocks, including the pandemic and natural disasters. It covers the government's response, including fiscal measures, tax reductions, and infrastructure spending to stimulate recovery. The video also addresses unemployment, social support, and plans for equity infusion in strategic industries like tourism.

What are the expected changes in the revenue to GDP ratio due to the proposed tax reductions?

What role does the infrastructure program play in the recovery plan?

Which industries are identified as needing support during the recovery process?