Pakistani Economy Faces Threat From COVID19.
Businesses are running below normal
capacities because of shortage of raw material, labor and most important
ingredient “Customers”. This partial lockdown has taken a huge toll on
aggregate demand and supply.
Pakistan Stock exchange has fallen like a
house of cards on March 9 when the Kingdom of Saudi Arabia announced it was
waging a price war against Russia to capture a greater share of the oil market
as demand has been sliding, with China, Europe and the rest of the world hit
hard by the spread of Covid-19.
Is it a good idea for the Khan government
to keeping going like this? What if this threat stays, do we continue like and
watch our house burn. After this government came into power we were seeing
glimpses of hope but this unexpected pandemic has shattered the dream of and
economically strong Pakistan. I think it’s high time that Imran khan should
take a deep breath and let the economic activities start. If not that we are
going back ore that 10 years and it’s going to be a high climb back.
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