Deep Dive on the Government’s Economic Response Plan

Companies are facing an unprecedented crisis with the coronavirus disease (COVID-19) pandemic that is disrupting global supply chains, dragging financial markets at an all-time low, and taking a toll to both the world’s population and economic health.

On the economic front, governments have introduced monetary and fiscal stimulus measures to cushion the economic impact of the outbreak. In the Philippines, the administration’s economic team initially rolled out a P27-billion fiscal support package. Several business groups have also called for a maximum fiscal response. Meanwhile, the Bangko Sentral ng Pilipinas has expanded its monetary policy space as a response to the ongoing health crisis.

In this webinar, our speakers will walk us through the numbers and what these relief measures mean to businesses and the economy at large. At the same time, Mr. Achim Fock, World Bank Acting Country Director for Brunei, Malaysia, Philippines and Thailand shares insights on how the World Bank and the aforementioned countries are supporting businesses in navigating these uncertain times.

Send your questions in advance to advocacy@eccp.com to make sure your questions get answered.