Perceived Economic Crisis due to COVID-19 and its Impact on Health

Abstract A mixed research design was adopted to explore the perceived economic impact of COVID-19 and its impact on health. Quantitative data was used to find out the status of microeconomic parameters and FGD was done to find out the perceived economic impact and its impact on health. The quantitative data was retrieved from the Nepal Rastriya Bank’s database. FGD was conducted among experts in the field of economics and health. The quantitative analysis showed decline in remittance and economic growth. The thematic analysis of the FGD revealed that remittance will decrease further and will have a negative economic growth. The participants predicted that the population falling under poverty line will also increase. They also predicted that mental health problems like depression, anxiety, PTSD, substance and alcohol use and sleep problems are likely to increase. They also predicted that the after effects of this pandemic will bring a huge burden on public health and the non-communicable disease is likely to increase. This study recommends that employment opportunities needs to be created and the health service points need to be strengthened. Mental health assessment should be made a part of health assessment in quarantine. This study emphasizes on maintaining physical distance while being socially connected.

Keywords— Covid-19, Economic Crisis, FDP, Economy in Covid-19.

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