After the hit of Typhoon Ondoy (Ketsana) worsen the Philippine economic situation which estimated P14.9 billion Total economic cost: no less than (this does not include the losses incurred by the business sector. The breakdown is as follows:
1. Agri and Fisheries: P8.6 billion
2. Transportation: P3.1 billion (this includes the foregone revenues of civil aviation (passengers) at P358 million
3. Housing: P2.5 billion
4. Government sector (including educ infra and assistance): P284 million
5. Access Cost of Students (who were effectively displaced from their schools. these schools were converted into evacuation centers): P88 million. This could go up to P140 million.
6. Foregone revenues of the dead, present value: P290 million

In addition, no less than P1.06 billion YEARLY in agri lands revenues are considered ‘no chance of recovery’.