Abstract

A highly contagious viral pandemic has spread across the earth, wreaking havoc on the international economy in its wake, and generating international financial market declines that are in fact steeper than those witnessed in nearly a century. The objectives of this research study include the elaboration of novel coronavirus’ repercussions on socio-economic sector of Pakistan, political implications of Covid-19 on politics as well as democratic affairs of Pakistan and pragmatic measures have also been suggested to deal and mitigate the consequences of coronavirus. It is not only economy, but this pandemic has also affected social and political structure of the world as well. Aims and objectives of this research study have been carried out by opting bi-method i.e. descriptive-analytical method. However, these issues can be resolved through austerity measures, such as government needs to overcome tax evasion culture, political cohesiveness and effective fiscal policies to ensure stable economic growth during and after Covid-19.

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