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IMPACT OF COVID-19 PANDEMIC DRASTICALLY ON THE ECONOMY OF PAKISTAN- DEEP INSIGHTS FOR POLICYMAKERS
Corresponding Author(s) : Majid Ali
Humanities & Social Sciences Reviews,
Vol. 9 No. 2 (2021): March
Purpose of the study: This article aims to examine the economic consequences of the unprecedented crisis of COVID-19 across Pakistan's sectors. To date, the second phase of COVID-19 is underway, and the economic losses of the industries and the recovery plan are still underdeveloped.
Methodology: This study is qualitative based. Mix method and desk review approaches are used to analyse the impact of covid-19 on the different sectors of Pakistan
Main Findings: The review revealed that the pandemic had a range of negative impacts on domestic, foreign trade, health care, education, and tourism, but had a positive effect on the environment and the agriculture sector.
Applications of this study: This study can be effective for the researcher to an immediate need to study each sector's economic insights further to improve crisis management policy.
Novelty/Originality of this study: this research contributes to the covid-19 pandemic in the different sectors of Pakistan. It also offers insights into how policymakers should build policies.
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