Question

write
an
eSSay
on
Impact of
covid 19 on the
Economy
of Pakistan​

Answer 1

Answer:

GResearch in Globalization

Volume 2, December 2020, 100018

Impact of COVID-19 pandemic on micro, small, and medium-sized Enterprises operating in Pakistan

The outbreak of coronavirus disease (COVID-19) has severely affected the global and Pakistani economy. Major victims of the COVID-19 outbreak are micro, small, and medium-sized enterprises (MSMEs). This article aims to assess the impact of COVID-19 outbreak on these businesses and provide policy recommendations to help MSMEs in reducing business losses and survive through the crisis. We adopted an exploratory methodology with comprehensively reviewing the available literature, including policy documents, research papers, and reports in the relevant field. Further, to add empirical evidence, we collected data from 184 Pakistani MSMEs by administering an online questionnaire. The data were analyzed through descriptive statistics.