16^th International Virology Summit

Impact of COVID-19

The extend of COVID-19 pursue to frighten the public health situation critically and much affect the global economy. Labour shift, business shutdown and stock hit are just some of the smack of this global isolation during the epidemic. According to the International Monetary Fund (IMF), the result of COVID-19 will effect the global economic decline in 2020 and a shrink in the economic growth to 3% (International Monetary Fund (IMF)).    COVID-19 has a destructive impact on economic growth due to two main factors. In the beginning, the expanding growth of the global pandemic right contributed to substantial confusion about uncertainty in the economic and capital markets. Secondly, countries have exactly controlled human moves and transport to detect the widening of the pandemic and crucially lower economic activity, putting constarint on both purchaser and fecund economic activity.