Abstract:
In this research the fiscal implications of the current COVID-19 pandemic on Pakistan’s textile
and agricultural sectors are analysed quantitative method was being used in the study. For
analysing the performance of different sectors the pre and post the pandemic financial statistics of
leverage, liquidity and profitability were compared. The textile sector once again improved its
profitability and liquidity contrary to the agriculture industry which despite improvements in
equity and asset returns could not manage its debts and liquidity as effectively. The results of
correlation analysis on debt, leverage and profitability indicators showed moderate and highly
significant relations between them. Thus, the public COVID-19 report pointing at the differential
impact of the pandemic on these essential industries can be beneficial for stakeholders and
governments as it provides insights about how to minimize their financial losses and risks.
