COVID-19 UNCERTAINTIES AND PAKISTAN’S ECONOMIC PROBLEMS DURING THE PANDEMIC
Journal of Contemporary Issues in Business and Government,
2021, Volume 27, Issue 5, Pages 994-1005
10.47750/cibg.2021.27.05.064
Abstract
In the present era, the COVID-19 appeared as a dangerous virus that ruined all mostall economies of the globe. The present paper attempts to review the economic
problems and uncertainties that affected the Pakistani economy in the COVID-19
pandemic waves. The study is based on a desk review. The data are derived from
reliable sources to achieve the purpose of the study. The study's findings suggest that
the economy of Pakistan has confronted significant challenges in the pandemic. These
problems include economic and financial problems, business problems and firms
operating problems. Besides, the study provides evidence about the impact of
COVID-19 on revenue and employment within the firms of Pakistan.Furthermore, the
study's findings would provide some guidelines about the problems that exist in the
pandemic. Therefore, the government of Pakistan must take initiatives if any
pandemic may appear. Finally, the study may provide the summarized insights into
the economy of Pakistan, particularly concerning economics.
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