Professional Documents
Culture Documents
Travel restriction
Evacuation of foreign citizens
LOSSES DUE TO CORONA PANDEMIC
Producers:
Uncertainty created for companies
Increase in the price volatility
Disruption in manufacturing, imports, exports and capital markets
Impact on the logistics – lead to break down of supply chains of the companies
As the pandemic had affected the production of goods and services, there is a
supply side shock.
Delays and non-delivery of goods
Chances of exploiting the consumer rights
Lack of access - people below poverty
Possible measures:
government provision of loans
paid holidays
tax deductions
usage of contingency funds by
businesses