Post
Topic
Board Economics
Re: Covid-19 effect on your country's economy!!!
by
uneng
on 13/07/2020, 22:08:21 UTC
In our country there was a monthly allowance given before, but I think they don't have the funds already for that now since they are not actively giving compared to the previous months. 

Thing is, monthly allowance is only possible as temporary support but this pandemic has gone longer than expected already, so the government will run out of funds, that is the reason they might to open the economy despite of the health risks to get funds to use for the pandemic, so it's really hard to expect at the moment since our economy are in trouble and we should be working well to ensure that we can survive.
Sooner or later all the countries will have to open the businesses again (if they haven't done yet). It's impossible to give free money to millions of citizens every month while the productive sector doesn't work properly.
We are all being affected by this pandemic, but it can only get worse if the government keeps forcing people to stop working to stay at home. Where I live economical activities are slowly normalizing, although the infection rates aren't decreasing. But as there isn't a perfect solution for now, I don't see it negatively...