Ask AI: Introduction for Philippines surveyed expenses before and during pandemic elaborate

The Philippines is a nation located in Southeast Asia, and its citizens have had to adjust their finances and expenses due to the COVID-19 pandemic. Before the pandemic hit, Filipinos were living comfortable lives with disposable incomes and adequate savings accounts. However, the pandemic has brought widespread job loss and a decrease in income for most Filipino households. The Filipino people have had to adjust their expenses to stay afloat during this difficult time. This article takes a look at the changes in expenses reported by those surveyed before and during the pandemic in the Philippines. We take a look at how Filipino households have had to change their spending habits to make ends meet and how their disposal incomes have changed. We also look into how businesses have adapted to the pandemic and how they have had to reassess their pricing structures. Finally, we consider how government stimulus packages have helped Filipino households make it through the pandemic.