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  • Assignment # 2 (4 April 2020) Name: Nafees Nasruddin Patel ID # 27481 Instructor: Mr. Sumair Iqbal

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    The document discusses the global economic impacts of the COVID-19 pandemic. It notes that 80 countries have requested financial assistance from the IMF as many nations' financial structures have deteriorated. The pandemic has disrupted politics, society, economies, and financial systems worldwide. Countries need cooperation and coordination in their responses as well as responsible behavior from their citizens to effectively combat the coronavirus. The economic recovery from this crisis is only expected to occur by 2021 as the virus has severely impacted the global economy and nations face challenges stabilizing their conditions.

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    The document discusses the global economic impacts of the COVID-19 pandemic. It notes that 80 countries have requested financial assistance from the IMF as many nations' financial structures have deteriorated. The pandemic has disrupted politics, society, economies, and financial systems worldwide. Countries need cooperation and coordination in their responses as well as responsible behavior from their citizens to effectively combat the coronavirus. The economic recovery from this crisis is only expected to occur by 2021 as the virus has severely impacted the global economy and nations face challenges stabilizing their conditions.

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    11 views1 page

    Assignment # 2 (4 April 2020) Name: Nafees Nasruddin Patel ID # 27481 Instructor: Mr. Sumair Iqbal

    Uploaded by

    NAFEES NASRUDDIN PATEL
    The document discusses the global economic impacts of the COVID-19 pandemic. It notes that 80 countries have requested financial assistance from the IMF as many nations' financial structures have deteriorated. The pandemic has disrupted politics, society, economies, and financial systems worldwide. Countries need cooperation and coordination in their responses as well as responsible behavior from their citizens to effectively combat the coronavirus. The economic recovery from this crisis is only expected to occur by 2021 as the virus has severely impacted the global economy and nations face challenges stabilizing their conditions.

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    © All Rights Reserved
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    SECURITY AND PORTFOLIO MANAGEMENT

    Assignment # 2 (4th April 2020)


    Name: Nafees Nasruddin Patel
    ID # 27481
    Instructor: Mr. Sumair Iqbal
    A large portion of the countries are experiencing downturn and breakdown of their
    financial structure that brings up the stunning conditions for them in such manner
    just about 80 nations have just mentioned International Monetary Fund (IMF) for
    money related assistance. The flare-up of pandemic Covid-19 everywhere
    throughout the world has upset the political, social, monetary, strict and budgetary
    structures of the entire world. Concerning the genuine and declining conditions
    everywhere throughout the world, countries need participation and coordination
    among themselves including the assistance and develop just as reasonable conduct
    of individuals to adequately battle against Coronavirus.
    In addition, Covid-19 is hurting the worldwide economy on the grounds that the
    world has been encountering the most troublesome monetary circumstance since
    World War-II. It additionally saw that the financial recovery from this disastrous
    virus is just conceivable by 2021 on the grounds that it has left serious effects on
    the worldwide economy and the nations face different troubles to bring it in a
    steady condition.
    ISLAMABAD - Prime Minister Imran Khan on Friday announced an incentivized
    package for the construction industry in order to increase employment
    opportunities in the country in the wake of coronavirus outbreak.
    The Prime Minister said fixed tax will be introduced in construction sector and if
    the investor invests in construction projects under Naya Pakistan Housing
    Authority, ninety percent fixed tax will be eliminated and he will have to pay only
    ten percent tax. Imran Khan said a unified national response will help address the
    challenge of COVID-19 pandemic, adding that work in construction sector will
    start from April 14.

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