A PIDS study estimated the annual cost of disasters to the country’s economy to be around PHP 85-422 billion, which is equivalent to 1-3 percent of gross domestic product at 2014-2016 levels. A total of 12.1 million Filipinos are affected by natural and human-induced disasters per year. To mitigate the impact, the study recommends strengthening of institutional structures to address perennial issues on the expediency of disaster response and insufficient support to disaster victims, as well as enhancing of civil and community protection. It also underscores the need to promote a whole-of-government approach in addressing disasters and to enhance the participation of the private sector, civil society organizations, and other community stakeholders. Know more about the publication titled “Institutional Issues on Disaster Risk Reduction and Management" here:: https://www.pids.gov.ph/publications/5890
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