DOES THE LOCKDOWN IMPOSED BY THE GOVERNMENT AFFECT THE
ECONOMIC GROWTH OF THE COUNTRY, YES OR NO? WHY? ANSWER: Yes exactly, since our country is being lockdown because of the pandemic, most household take a risk to feed them every day. The economic growth are going slower because; our country imports account is from China, Korea and Japan and there is no imports of goods and services going on right now due to lockdown, lack of demands and some of the supply stopped, all industries are closed as well as effects the employment of workers, public transportations are being stop, the profits of tourism is nearly zero, suspended flights and stopped all modes transport will cause our economic cost down and most of the stocks markets interest and investments became lower and downward. Most people lost their jobs and some of the industries and businesses experience credit availability which came to be liquidated. Our country may sacrifice of this crisis, people who have nothing to eat and don't work is the most likely the problem. Our government main problem is the money that they give in the whole country households to provide some basic needs within the lockdown. That's why this pandemic has a big impact of our economic growth and everyday lives.
B. IS THE BAYANIHAN ACT PASSED BY THE CONGRESS AND SENATE CAN
HELP THE ECONOMY TO GROW AND WILL HELP INCREASE THE STOCK PRICES IN THE PHILIPPINES STOCK MARKET? ANSWER: The Bayanihan Act is signed by our President to implement a minimum of a thirty day grace period loans, including but not limited to salary, personal, housing, and motor vehicle loans, as well as credit card payments, falling due within the period of the ECQ without incurring interests, penalties, fees, or other charges through this Act it will be help people because they don't have enough money to pay off their specific expenses since lockdown they don't have work. Through the Bayanihan Act passed by the congress and senate can help our economy grow because they now preparing this Act to rebuild businesses and consumer confidence and avoid recession so that our economy would be get back on its tract of the pandemic and also our President give almost 209 billion worth of funding to distribute to families who don't have enough budget during the quarantine this will be a big help. Lastly, it will help to increase the stock prices in the Philippine stock market through this plan and if our economy will grow it will be the same as the stock prices it would became upward and stock prices will back to normal as they expected.