Question

If the pandemic of COVID-19 extended for several years, what would be its consequences for macroeconomic factors of Afghanistan?

Answer 1

Answer--Afghanistan is the landlocked country in south asia which is surrounded with countries like Pakistan ,Iran,Turkmenistan,as well as with China.Afghanistan is badly affected with terririsom too.If the pandemic of Covid 19 extented for several years then the consequences for macroeconomic factors of Afghanistan will be very adverse.Currently the Gross Domestic Product rate in Afghanistan was around 2.9% before pandemic but after pandemic of Covid 19 there is no production and development process taking place ,initial lockdowns brings downs the gdp of Afghaistan by less then 1%.The decrease in the gross domestic product will decrease in the development of infrastructure like road,dams,highways,industries,etc.The employment rate in Afghanistan was also around 1.52% in Afghanistan but if the pandemic of covid 19 extended then it will leads to increase in unemployment rate which will be result in the increase in the poverty level ,the affordability of an individual .The inflation rate in Afghanistan in January 2020 was around 3.70% but if pandemic last for several years there the inflation rate is estimated to increase by double or by triple times.

Due to pandemic covid 19 consequeces there will be also decrease in the education level , development of hospitals,there will also be ineqality in income among the citizens of Afghanistan if pandemic last for a long time.