Covid-19 and Pakistan’s Economy Recovery Scenarios for Fiscal Years 2020 and 2021

The COVID-19 outbreak is sure to impact Pakistan’s economy in the fiscal years 2020 and 2021. In addition to growth, the present study quantifies the impact of the pandemic on selected fiscal, monetary, external sector, and socioeconomic variables. The projections are made for a baseline scenario (the optimistic scenario) as well as for three alternate scenarios: the summer surge, the second outbreak, and the prolonged second outbreak.