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MEDIA RELEASEAPPROVAL TO OPERATE ADDITIONAL SECTORS TO BOLSTER THE ECONOMY POST COVID19The Government has always exercised utmost care and responsibility in dealing with the outbreak of COVID-19 in
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The explaining form economic impact is a document used to assess and report the potential economic effects of a proposed project or policy on the surrounding community or economy.
Typically, project developers, companies proposing new policies, and government agencies are required to file the explaining form economic impact.
To fill out the explaining form economic impact, one must provide detailed descriptions of the project or policy, analyze economic implications, report on community effects, and ensure all relevant data is accurately presented.
The purpose of the explaining form economic impact is to provide stakeholders with insights into how a project or policy may affect local economies, including job creation, business growth, and overall economic stability.
The form must report information such as the nature of the project, expected economic benefits, potential risks, demographic impacts, and any measures to mitigate negative effects.
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