(Bloomberg) -- The Philippines is extending until May 15 the lockdown of its capital and some nearby areas that account for majority of its economic output to stem the spread of the novel coronavirus.
Presidential spokesman Harry Roque announced the two-week extension of the lockdown in Metro Manila, central and southern parts of the main Luzon island. The restrictions in the main Luzon island started in mid-March.
Duterte’s Adviser on Business Wants Ease on Lockdown
The virus outbreak could shrink gross domestic product by as much as 1% this year -- its first contraction in more than two decades, Finance Secretary Carlos Dominguez said earlier this month.
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