Post
Topic
Board Economics
Re: Covid-19 effect on your country's economy!!!
by
LogitechMouse
on 02/07/2020, 10:17:28 UTC
World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.
Not in many countries but all of the countries are heavily affected by this pandemic especially US, Brazil, Russia and some European Countries. I don't consider it a curse though

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.
Our economy so far is slowly recovering. Establishments are slowly opening with some guidelines that are being imposed. Fastfoods are limited to one person per table and they are observing social distancing. Same with the offices in the company. Some of them are just working 3x a week just to maintain the social distancing.

Those who doesn't have funds pre pandemic and the micro, small and medium enterprise owners are the ones who are heavily affected by this pandemic as they don't have any funds or anything that they can use to survive. Its good that our government is giving aids and loans to these people. Some transportation owners are back to work right now but still there are some drivers who can't continue to their business.

The cases here in our country is increasing and it has doubled when the lockdown has been loosen a bit. They are not that strict right now that is why the cases went up that much.