The impact of Typhoon Yolanda on the Philippine economy in 2013 was estimated to be P604 billion or 5% of the country's GDP, according to economist and Albay Gov. Joey Salceda, who was elected chairman of the UN's Green Climate Fund.

1. BALITAAN

2. Economist estimates ‘Yolanda’ impact
on PH economy at P604 B
MANILA, Philippines—The impact of
monster typhoon “Yolanda” (Haiyan)
on the Philippine economy could be as
much as P604 billion, or five percent of
the country’s gross domestic product,
Albay Gov. Joey Salceda, an economist
who was recently elected chairman of
the United Nations’ Green Climate
Fund, said Tuesday