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COVID-19 AND ITS

IMPACT ON
NEPALESE ECONOMY

BY ISHA SARAWGI
COVID-19

• ongoing global pandemic of coronavirus disease 2019 (COVID‑19).


• caused by severe acute respiratory syndrome .
• first identified in Wuhan, China, in December 2019.
• WHO declared outbreak on 30 January 2020 and a pandemic on 11 March .
• as of 13 July 2020, more than 12.9 million cases have been reported.
• more than 571,000 deaths more than 7 million people have recovered.
IMPACT ON A GLOBAL SCALE

• Direct impact on production


• Supply chain and market disruption
• Financial impact on firms and financial markets

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