Year ender: How coronavirus brought economy to its knees
Daily Monitor Thursday December 31 2020 Closed. A section of closed retail shops in Kampala during the lockdown that started in March. The Covid-19 pandemic has led to a severe contraction in economic activity due to a combination of global supply chain disruptions and sudden decline in demand. PHOTO/ RACHEL MABALA Summary The World Health Organisation in March declared it a pandemic as it quickly morphed into a global crisis. The virus has in months spread across the world, leaving death in its wake. A global strategy of locking down countries quickly became the norm. Advertisement When th...
Source: monitor.co.ug