Topic: Covid-19 effect on your country's economy!!! - page 9. (Read 5265 times)

all the news reported in the media or television did not match what was reported. I am sure of that. I have compared the news with the number of victims of the pandemic not according to what was reported.I don't know what. My comparison of every report in the media I look for on the web news where affected by the number of pandemics is not appropriate. Behind the scenes all this is nothing actual. The government is playing with us.very sad to be treated with this..

It’s terrible. Definitely terrible. Cases are still rising in the Philippines due to the incompetent decisions of the government. Just yesterday, LSIs (Locally Stranded Individuals) are staying at a big memorial complex where social distancing was not practiced, and it was conducted and organized by the national government before they will be sent home to their respective provinces courtesy of the LGUs (Local Government Units).

Each city and province are classified in different levels of quarantine (according to strictest):

1 - Enhanced Community Quarantine (ECQ or simply hard lockdown)
2 - Modified Enhanced Community Quarantine (MECQ or slightly lockdown)
3 - General Community Quarantine (limited movement of people only for buying essential goods and services, businesses at limited capacity, borders closed)
4 - Modified General Community Quarantine (only seniors and children below 21 years old are not allowed to go out, most businesses resumed at limited capacity, borders closed)

In case that some low quarantine areas are having some infected patients, there is what we call granular lockdowns like sealing off a house or group of houses or an entire area (barangay or purok) within the radius for 2 weeks, while the LGUs are the ones providing essential goods to the affected.

Most businesses here are filing of bankruptcy or ceasing operations due to huge losses during the pandemic. Huge effect in our economy nowadays. 

I got the actual information from several colleagues who were directly involved. There were several possibilities for manipulation because many parties were investing in rapid test equipment, if the corona decreased, the investment would bring in huge losses. The pandemic issue has been monetized in order to bring benefits to several parties, and there are even a number of hospitals that are miserably diagnosing patients with covid so they can get incentives from the government.

Society is already immune to Corona because it's not too frightening for many people, because in their minds what is even scarier is not having money. Many people's minds have changed, the effects of terror of death due to corona are no more terrible than the effects of hunger. Continuous information about covid solutions is only a vaccine, making people consider living with covid is a new normal and they just need to adapt.

in my opinion the corona case in our country is not as bad as reported, a lot of media coverage and reporting on a large scale, and some elements also take advantage of this situation to take advantage, if indeed the number of cases is actually the same as reported should be now more cases, but what happened, I saw that around the crowd no one was wearing a mask or had to make a minimum distance of 1 meter, I was not underestimating corona but it seemed that this case had been manipulated by some elements to take advantage.

Well, the pandemic is enough to make economy in a bad shape, adding the government's wrong and messy decisions there then that is just worst. Our government are also having a hard time dealing with the pandemic, that is the same with out countries but the problem is that they are not mainly focussing on the main problem that they even created a law to protect themselves to the public.

Instead of them talking whats wrong, they don't admit it and keep in doing what they think is right without listening to their people. Most of their decisions even caused the increase of the cases here.

Here, in my country, many people cannot work because we must stay at home. This makes some economic sectors to be paralyzed. For example tourism, traditional markets, public transportation, and many other sectors that are involved in many people. Therefore, most people in my country are hard to get income, they begin to force themselves to go outside even if to face big risks of being exposed by the virus. To be honest, government support is lacking here. People are trying to recover their financial/economic problems themselves. 

Amid with the existence of covid-19 pandemic, I can say that its effect on the economy of the country where I currently reside is really negative. It is all due to the reason that our country have experienced a serious economic declination due to the 3-4 months community quarantine being implemented by our government as a response to prevent the further spreading of the infectious disease which brought business establishments to be temporarily close as set by the guideline by our health officials and the department assigned to take care of the issue regarding this pandemic.

The effect was clearly reflected on our economic status because many people are tend to stay indoors which make them jobless because work places are closed for a while. With that, the production of goods and services were temporarily postponed and stop that brings shortage and lack to the basic necessities of people because local government tend to maximize all goods to be distributed on affected families as ordered by our president.

With the economic declination and the need to sustain the needs of the citizens that are affected by the pandemic, our government have already make a move of borrowing funds from the World Bank which clearly states that we are running out of fund and that means our economy is facing a serious negative effect because of the pandemic. Up until now, we are still struggling to recover our economic loss following the "new normal" set up which will gladly lessen the declination and will somehow help our economy to recover which will of course take time to happen.

Covid-19 causes people live suffer so hard and make daily life so unpeaceful.We Actually don’t  know when we get back to normal life.It takes long time to get recover.In my country Medical treatment was not enough to provide the all affected people.Government already took many action but Government service provider are  all corrupted pepole. Everywhere they full fill their own Pocket heavy  so the thing  is not good.Primary level pepole can not find the general services of hospital they are facing many problems.Government Look closely this situation. 

It has a huge effect on our country the same as the other countries. Even though the infrastructures start their operation again, we are still facing a hard time recovering the economy. Due to the messy decision making of our government, there are so many mistakes that have been done that's why our country's economy is not in good shape.

First of all, it is a terrible time for all countries. Already for 5/6 months, everyone has been fighting this pandamic situation.
At this time, the country's economy is suffering the most. The sectors on which the economy of a country depends are closed. Such as the garment industry, various ministries, etc. Large private companies have also closed. In this situation, the condition of the country's economy can be said to be very deplorable.We don't know when we will get rid of it.

We all already know that most part of the world has been affected by covid 19 and so my country has not been left out. Large population of people in my country has lost their livelihoods as they depend on their daily activities for sustenance due to issue of restrictions in movement from one place to another

The sector of my country's economy going down day by day is Education sector and this is as a result of negligence of our leaders as they refused to invest properly in Education

The situation is hard to make a mistake about rewards after the pandemic viruses and the settlement regarding frontline staff during this time for survival is having sentimental value. I think it is a surge towards in the new generation on the different countries economy. I remember from the past on how many cases of the epidemic to conquer by our health care system despite all they deserve it .

Covid-19 has affected every economy of my country; the most affected one has to be commerce and production. Starvation everywhere, there had better be a vaccine to curtail this disastrous disease else everyone would die of other economic shambles before Covid-19 itself. People have lost jobs, there is incremental force in inflation and unemployment is on the high rate. How do people cope? Couple with the fact that this is a developing nation, we lack too many facilities to keep our economy going. Children have not resumed to schools, parents would struggle to send back their children back to schools eventually when the government gives orders for reopening of schools.

COVID- 19 stagnant world economy. From Asia to Europe, from America to Australia or Africa - closed shops, businesses everywhere production has also come down to almost zero quotas. The coronavirus epidemic has virtually shut down air travel around the world. The tourism sector stagnated locks are hanging everywhere including hotels and food shops. Human civilization, which is running at the speed of a storm, has suddenly stopped. The more it does, the more the damage will increase. For the last two months, the pace of industrial-trade-globalization, environmental pollution, everything has come to a standstill due to Corona's injury. But in the Corona-Northern world, no one still knows when people will leave home and go back to work.

The impression is that everything has turned upside down. People are in poverty because they do not have the money to pay their bills and even very often do not have the opportunity to buy their own food. In addition, it is very significant that large industries, owned by oligarchs and members of government families, work without problems and make a profit, but they have introduced other work schedules and rules for people to reduce wages and the number of workers, explaining that that there is no demand for products. At the same time, small businesses are practically dying, since no one gave them permission and opportunities to work due to quarantine. I have no idea how long people will endure such a situation in the country.

Most people who temporarily lost their jobs due to the pandemic of COVID-19 are starting to make their own online business for them to support the daily needs of their family, but there are some online business owners and online sellers who don't have enough earning to support all of their necessities and pay their monthly bills, that is why a lot of people still look and apply for a regular job.

There is a good effect also  because many of those people that lose their jobs are now starting to learn having business.
More online small entrepreneur now are building their own businesses.

Here in our community so many skills had been developed this pandemic.

Some are cooking skills and some are physical skills towards services.

Meaning let us not just look for the negative effect instead try to check the positive.

The global epidemic caused by the new coronavirus is one aspect of this crisis. Another serious aspect is the economy. The crisis has plunged the global economy into a catastrophe. The coronavirus has directly hit sectors such as retail, housing, education, entertainment, hotels and restaurants. This is called the beginning of the cataclysm. The retail sector was already under pressure from e-commerce sites. It is now in a crisis of existence in rich countries as issues like lockdown are now associated with it. In many cases, it may be seen that in the current situation, the closed shops may not reopen. This is a situation where one can only hope to return to normal life. It may not be possible to recover from the economic damage that has been done and is being done.

This covid19 has a huge impact to our country's economy so most do not have work. People are struggling to survive since the government cannot provide all the necessity of many. Business were affected due to close and still in community quarantine.  Actually globally are suffering this kind of crisis so hoping this would end, we could go back to normal and there is an availability of vaccine.

This pandemic have brought a serious negative impact on the country where I currently reside which is based on what I can see on my community as well as what I can hear and read on the news. We belong to the third world country which is basically we are having a hard time managing to start up our country's economy since the pandemic have started. All of us have been seriously and directly affected because of the implementing community quarantine that let us to stay at home with a no work no pay basis but some are lucky to work from home which depends on the work they have.

Covid-19 pandemic have serious effect on our economy since we have temporarily close down the business establishments that suddenly makes people jobless and makes the good and services limited to exhibit physical distancing and stay at home policy. Currently, our country do still have a rising case of infected but our economy is slowly being open following the new normal set up that is established by our government. Hopefully in the upcoming months, our economy will slowly recover from the economic declination we have because of the pandemic.