What is Coronavirus and what is impact of Coronavirus on Pakistan?

What is Coronavirus and what is impact of coronavirus on Pakistan and its economy?

What is Coronavirus?

Coronavirus disease 2019 (COVID-19) is a respiratory disease. Coronavirus first originated in Wuhan a city in China but now it reached more than 140 countries including Pakistan.

Coronavirus can be spread easily from one person to another. Health officials and laboratories are still tracing the exact source of coronavirus. World Health Organization (WHO) declared a public health emergency due to the outbreak of COVID-19.

How many Cases Reported of Coronavirus in Pakistan?

According to government data, there are 181 Coronavirus patients confirmed in Pakistan. Coronavirus patients in Sindh have reached 146 on March 16, this evening 43 new cases were reported in the Sindh and only one case has been reported in Punjab.

Safety measures are taken by Pakistan to limit the spread of Covid-19

Pakistan’s government has decided to close all educational institutions (schools, colleges, universities, madrassas) across the country, till Sunday, April 5, 2020. 

Public gatherings and large conferences are not allowed across the country. Marriage halls and cinemas will be closed for 14 days.

PSL cricket matches will be held without of audience. 

Pakistan’s government will also seal its border with Afghanistan and Iran for 14 days to prevent the spread of the coronavirus and all Pakistani pilgrims arriving from Iran will be placed in a 14-day quarantine. 

Kartarpur corridor will be closed for Pakistani citizens but Indian pilgrims will be allowed to continue visiting the Sikh shrine.

For effective screening of travelers, Pakistan decided to allow arrival and departure of flights at only three airports which are Lahore, Karachi, and Islamabad to enhance safety measures. 

No visitors are allowed in prisons until April 5, 2020, to limit the spread of Covid-19. 

Supreme Court and high courts requested for the suspension of all proceedings of the civil court and requested that no case will be scheduled until April 5, 2020. 

Screening and surveillance has been increased in the Seaports of the country but they will remain operational to strengthen the trade. 

All the religious activities in which people crowed is involved are set to banned to avoid infection transformation from one person to another and requested to offer prayers at their homes.  

What is the impact of coronavirus on Pakistan’s economy?

Although Pakistan is the least affected country by the coronavirus infection, according to Asian Development Bank Pakistan’s economy may drop up to $5 billion.

Stock exchanges’ former chief executive officer Aftab Ahmad said: “policymakers and data analysts in Pakistan were not aware of the possible effect of COVID-19 on the economy”. these kinds of views could lead to a negative growth of the economy and its development in Pakistan. 

Coronavirus (COVID-19) has become a threat to Pakistan’s economy and nation development. Stock markets have collapsed. Asian Development Bank (ADB) said in a report that the coronavirus spread could cost the Pakistan economy $16.387 million to $4.95 billion. United Nations (UN) predicted that international tourism could drop 3% due to COVID-19 spread.

Due to tourism drop, a loss appears up to $50 Billion worldwide, this is another bad news for the government Pakistan because they committed to increasing tourism exports globally. 

Everything is disturbed due to the fast-growing coronavirus patients. Coronavirus is likely to drop 25% GDP at the start of 2020 of china, Globally, the virus is likely to result in a revenue loss of $1.5 trillion in 2020.

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