Question

the covid 19 has caused adverse economic and health impact in many countries .

discuss how the affected countries are managing the situation in terms of following:

financing of the above interventions within the budgetary system?

Answer 1

As we know the covid-19 has caused adverse economic and health impact in many countries like America, turkey, china, Russia, italy, and so on, the affected countries can managing the situation in terms of financing......Following are are some suggestions through which these affected countries can increase and improve the econmy condition.

Frist of all the government should sepend more and more funds on different tasks or projects like industries, factories, companies, education, health, agriculture, hoticulture, sericulture and so on. These will increase the GDP rate in country and the production will produce an outstanding income within a country. Inaddition to this health system should be more and more sound and strong for future Pandemic. Similarly education system should be too strong as we know education is the light of a nation and the result of development.

Aggregate demand shoud be pushed, aggregate demand is the total econmy of goods and services.so that it can be pushed more and more.

The government should decrease the unemployment rate in the country, these persons will do work which results the progress in economy.

Government should launch more and more social welfare schemes for both men and women as well as for olds like the handicraft scheme, under which the people can show their skills and to earn money. And other schemes like old age schemes, schemes for labours, widoes, and girls. The government should also launch new skilled schemes for people to show thir talent in any task and earn money for themselves and this money will be utilised in growing economy of nation.

The government should control the recession, orwor we can say falling of goods price. Its Its

Impacts the econmy. If the government control it then it will result to increase economy.

The most important point is, the government should increase the money supply and decrease the rate of interest so that people can effort to purchase any thing of their basic needs and wants. And can work in a comfort way in their daily life. If the people can not satisfy their wants they will no be interested to do something for the nation.

The government should promote agriculture, and hoticulture in country which is the best resut for increasing econmy.

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