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Date: Sept. 25, 2021, 12:56 p.m.

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Date: 2021-10-01 13:56:45.000000

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PhP41.4 trillion cost of COVID-19 pandemic for the next 40 years

Published by National Economic and Development Authority(NEDA) on Sept. 25, 2021.
Requested from NEDA by L. Alba at 12:56 PM on Sept. 25, 2021.
Purpose: Research and development
Date of Coverage: 01/01/2021 - 09/25/2021
Tracking no: #NEDA-634421587264

C.BURGOS Sept. 25, 2021, 12:56 p.m.

Hi! I would like to request for information regarding the following: 1.Detailed breakdown of the model/methodology used to estimate PhP41.4 trillion cost (NPV), including the cost per year (for 40 years), the discount rate used to derive the net present value, etc. 2. Economic inputs and variables used to estimate the different costs in varying sectors (e.g. the resulting productivity loss in human capital investment and returns is estimated at PhP15.5 trillion for the next 40 years) 3. Detailed report/narrative on the study in estimating the costs

N.RECEIVING OFFICER Oct. 1, 2021, 1:56 p.m.

October 1, 2021 Dear Czarina Burgos, Greetings! Thank you for your request dated Sep 25, 2021 12:56:31 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch. Your Request You asked for PhP41.4 trillion cost of COVID-19 pandemic for the next 40 years. Response to Request Your FOI request is approved. I enclosed a copy of some of the information you requested. Your right to request a review If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to [email protected] or [email protected]. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request. If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011). Thank you. Respectfully, NEDA FOI Receiving Officer

Attachments:

COVID cost estimates_NEDA_FOI9222021.pdf - NEDA FOI Receiving Officer - [email protected]

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