Negative Impact Of COVID-19
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The economic and social disruption caused by the pandemic is devastating. Millions of people list their jobs while others lost their life which will automatically leads to the increased in the rate of unemployment and undernourished people in the world. It has severely affected the global economy, financial markets, reduction in income and increased in the rate of unemployment
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The COVID-19 pandemic has caused a direct impact on income due to premature death, closure of workplace, decrease in production and a negative effect on supply due to global supply chain disruption and closure of factories.
The pandemic has cost the highest global recession in history . Instability generated by the outbreak cause a temporary food shortages,price spikes and temporary closure of market. The increase in price affected majority of people who depend on market for their food and as well as those depending on humanitarian assistance to maintain their livelihood and food access
Let's join and raise our voice to stop the spread of COVID-19 pandemic.