FEDERAL URDU UNIVERSITY OF ARTS, SCIENCE AND

TECHNOLOGY, ISLAMABAD
DEPARTMENT OF BUSINESS ADMINISTRATION
FINAL-TERM EXAM BBA 2nd SEMESTER Spring-2020

Student’s MIS ID: 26189 Class Section: 3B Session: Morning

Enrollment No: Student’s Name: Qasim Jahangir warrich_______

Student’s Email: qasimjahangirwarraich@gmail.com WhatsApp No:03405860517 _____

Father Name: _jahangir akhtar_______ ____Subject : Marketing___ __

• Corona virus affects on global economy :

The June 2020 Global Economic Prospects describes both the immediate and near-term outlook
for the impact of the pandemic and the long-term damage it has dealt to prospects for growth.
The baseline forecast envisions a 5.2 percent contraction in global GDP in 2020, using market
exchange rate weights—the deepest global recession in decades, despite the extraordinary efforts
of governments to counter the downturn with fiscal and monetary policy support. Over the
longer horizon, the deep recessions triggered by the pandemic are expected to leave lasting scars
through lower investment, an erosion of human capital through lost work and schooling, and
fragmentation of global trade and supply linkages.Advanced economies are projected to shrink 7
percent. That weakness will spill over to the outlook for emerging market and developing
economies, who are forecast to contract by 2.5 percent as they cope with their own domestic
outbreaks of the virus. This would represent the weakest showing by this group of economies in
at least sixty years.Every region is subject to substantial growth downgrades. East Asia and the
Pacific will grow by a scant 0.5%. South Asia will contract by 2.7%, Sub-Saharan Africa by
2.8%, Middle East and North Africa by 4.2%, Europe and Central Asia by 4.7%, and Latin
America by 7.2%. These downturns are expected to reverse years of progress toward
development goals and tip tens of millions of people back into extreme poverty.

• Corona virus affects on Pakistan economy:

Investment banker and risk analyst Khurram shahzed expects Pakistan economy to shrink by $15
billion as a result of the pandemic . Pakistan already fragile economy had only just been moving
towards stability when the health crisis struck . experts fear that the pandemics economic fallout
will considerably decial the country`s recovery process .

Pakistan economy is shrinking , unemployment is rising and various sectors Are in crisis . when
khan took power in 2018 . Pakistan`s GDP growth was around 5.8% now it is 0.98% and is
likely to decline further . The country`s fiscal deficit is almost 10% and revenue have plummeted
in past two years.

Corona virus affects on Pakistan different sectors .

Agriculture sector :

The survey also gave an overview that before the COVID-19 outbreak, Pakistan’s gross domestic
product (GDP) growth for 2019–2020 was projected at 3.2 per cent, with agriculture contributing
2.9 per cent However, the COVID-19 outbreak affected various channels of Pakistan’s economy,
slowing it down; consequently, the provisional growth of GDP for 2019–2020 has been re
estimated at – 0.4 per cent, with agriculture as the only sector showing positive growth at 2.7 per
cent (Pakistan Bureau of Statistics 2020).

Textile sector :

Asia’s garment manufacturers are reeling from the damage caused by the coronavirus pandemic.
They suffered from restrictions and lockdowns in their own countries and saw international
demand for their products collapse. This is particularly dramatic in countries where the textile
sector accounts for a large share of all exports. Researchers from the International Labor
Organization (ILO) have studied the impact of the pandemic on 10 major textile producing
nations in Asia: Bangladesh, Cambodia, China, India, Indonesia, Myanmar, Pakistan,
Philippines, Sri Lanka and Vietnam.

Educational sector :

Since March 16, when the government of Pakistan imposed a countrywide lockdown to contain
the spread of the virus, around 46 million school kids have been forced to stay at home, in
addition to the country’s already 22 million out-of-school children. The spill-over effects of the
economic recession prompted by the outbreak have further worsened the situation by weakening
Pakistan’s education system, especially as development funding has been slashed at the national
and provincial levels. In the country where investment in the public sector is already meager,
COVID-19 has caused further “shrinkage” in resources available for the education system
delivery.

COVID-19 is set to magnify inequalities in the education system of Pakistan and is likely to
prompt a rise in school dropout rates, thereby increasing the number of out-of-school children,
especially girls. With economic recession and rising unemployment, families will give a
preference to sending boys back to schools rather than girls, especially in rural and peri-urban
area

Telecom sector :
• Network usage and resiliency.
• Changes for the customers.
• Usage for the customer data to trade contain covid-19
• Financial impacts