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COVID19 and Pakistan
1. The Fight Against Covid19
In Pakistan's Economy
Presented By:
Group Name : Ecomand
Group Members:
Jerin Khadika – 213000404
Mahraz Hasan Mehedi - 213000804
Date: 4th December,2022
1
2. CONTENTS:
Introduction On Covid19
Pakistan’s Economy Before COVID19
Pakistan’s Economy During COVID19
Pakistan’s Economy After COVID19
Pakistan’s GDP – Historical Data
Key Takeaways
Conclusion
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3. Introduction On Covid19
3
COVID-19 is one of several emerging infectious
disease outbreaks in recent decades with
significant public health and economic impacts.
On the December 31, 2019, first official case was
reported in Wuhan China.
It was declared a pandemic by the World Health
Organization (WHO) on 11 March 2020.
Forced most countries to break with the past and
initiate deep reforms, not only in the economy
but also in politics and foreign and security policy.
4. Pakistan’s Economy Before
Covid19
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In 2019, the GDP was 320.91 billion USD.
In 2019, the GDP growth rate was 2.50%.
In 2019, the Per Capita Income was 1482
dollars.
Total revenue was Rs. 3,996.7 billion.
The fundamental weaknesses of Pakistani
economy: low tax to GDP ratio, poor
savings rate and minimal export growth
with negligible value addition.
5. Pakistan’s Economy During
Covid19
5
The country has witnessed significant
increase in its confirmed cases from the
initial two cases on 26th February 2020.
In 2020, the GDP was 300.31 billion USD.
In 2020, the GDP growth rate was-1.33%.
In 2020, the Per Capita Income was 1360
dollars.
Total revenue was Rs. 6,125 billion.
7. Pakistan’s Economy After
Covid19
In 2021, the GDP was 346.34 billion USD.
In 2021, the GDP growth rate was 6.03%.
In 2021, the Per Capita Income was 1538
dollars.
Total revenue was 6,933 billion.
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8. Pakistan’s GPD - Historical Data
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Data Source: World Bank
Pakistan’s GDP – Historical Data
9. Key -Takeaways
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Ensure that essential health services are available and health systems are protected.
Help people cope with adversity through social protection and basic services.
Protect jobs, vulnerable productive actors and micro, small and medium-sized
enterprises through decent work and economic recovery programmes.
Guide the surge in fiscal and financial stimulus to make macroeconomic policies work
for the most vulnerable, and to strengthen multilateral and regional responses.
Promote social cohesion through social dialogue, political engagement and investing in
community led resilience and response systems.
10. References
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• (2020). COVID-19 Pakistan: Socio-Economic Framework. UNDP. Retrieved from
https://www.undp.org/pakistan/publications/covid-19-pakistan-socio-economic-framework
• Sushant Sareen, “COVID-19 and Pakistan: The Economic Fallout,” ORF Occasional Paper No. 251, June 2020, Observer Research
Foundation.
• Pakistan GDP Per Capita 1960-2022. (n.d.). Retrieved from MacroTrends:
https://www.macrotrends.net/countries/PAK/pakistan/gdp-per-capita
• Pakistan Government Budget. (n.d.). Retrieved from TradingEconomics: https://tradingeconomics.com/pakistan/government-
budget
• Hafiz Muhammad Ali Indhar, M. I. (n.d.). YEAR BOOK 2019-20 - Federal Board of Revenue. 1-25. Retrieved from
https://download1.fbr.gov.pk/Docs/2020929129450205FBRREVENUEDIVISIONYEARBOOK2019-20.pdf
• FBR: Federal Board of Revenue - Government of Pakistan. (n.d.). Retrieved from https://www.fbr.gov.pk/
• Pakistan General government revenue, 1980-2021. (n.d.). Retrieved from Knoema:
https://knoema.com/atlas/Pakistan/topics/Economy/Financial-Sector-General-Government-finance/General-government-
revenue#:~:text=In%202021%2C%20general%20government%20revenue,decreased%20to%209.94%25%20in%202021.