COVID-19

Spread of COVID-19 in Azerbaijan Republic: analysis of economic impact and recommendations on policy adjustmentsIn the rise of public health concern due to the pandemic of novel coronavirus disease 2019 (“COVID-19”) initiation of timely and well-tailored policy responses by governments is of utmost importance. Undoubtedly, the uncertainty associated with scope and duration of such an unprecedented health crisis and the absence of vaccines or any drugs to cure the infected or to curb the further contagion leave policymakers in the midst of a huge conundrum. 

While COVID-19 is taking over the world, it has already shaken healthcare systems of every country affected. Although governments try to support and balance countries’ economics, various scales of enterprises suffer severe losses due to the pandemics.  

In order to avoid catastrophic consequences of the fast-spreading disease, the Government of Azerbaijan has taken numerous preventive measures during March. In the beginning of March quarantine was declared in all the educational institutions. As the disease was spreading, in the evening of March 15^th the Operative Headquarters under Azerbaijan’s Cabinet of Ministers shared information imposing an array of restrictions on functioning of different level institutions, public and private events, and enterprises.