Before COVID-19 |
After COVID-19 |
References |
Unemployment rate was 10.8 |
Now it is 14.7 per cent According to ADB
(Asian development bank) estimate 946,000 people will be un- employed in
Pak due to this pandemic |
(International, 2021) |
Inflation rate of goods was 9.4pc |
Now after this pandemic it goes down
to average 7.4pc |
(International, 2021) |
Pakistan’s currency situation:
1 US$= 160.8 rupee
|
Pak rupee depreciate against US$1 by 17.7 and expected to be 1
US$=178.5 rupee in 2024
|
(International, 2021)
|
Imports profit: 36.56 billion |
It declined to 31.42 billion |
(Baloch,
2017) |
GDP expected growth was 3.3-3.4 per cent |
Now it is only expected to be
2-2.8 per cent |
(Almas & Macroeconomics, 2020) |
|
Pakistan loses textile export share from 2.2pc to 1.7pc |
(Mustafa,
2018) |
Before crisis government was expecting to contain deficit at 7.4-7.5 per
cent |
It is now expected to hit 9 per cent due to increasing
expenditure demand and fall in taxes |
(Almas & Macroeconomics,
2020) |
|
In hypothetical worst scenario discussion ADB projected that there
will be $1.5 billion loss to agriculture sector |
(Rana,
2020) |
|
And hotel and restraints will face $2.4 million losses |
(Rana,
2020) |