Hi , i need to make a ppt of 4 slides and a report of 1500 words.Topic- Coronavirus (Impact of coronavirus in economic)Sub topic - Suggested policy. Fiscal

Discussion Question
Introduction
The outbreak of Coronavirus, a pandemic, which has originated in China, reported to have infected more than 550,000 people in around 110 countries and territories around the globe as reported by World Health Organisation (Jones, Brown & Palumbo, 2020). This pandemic has spread around the world and left businesses with loss of economic and financial viability. This virus outbreak has become as one of the biggest threat to the global economic growth and financial markets.
Resultant to this, Organisation for Economic Cooperation and Development (OECD) has led commercial banks and financial institutions to cut their forecasts and predictions for the global economy. Fears of the Coronavirus also affected markets worldwide, with reduced stock prices and bond rates. World Health Organisation claiming that Coronavirus outbreak has resulted in the death of several people, led government authorities to lock down the cities, restricting movement of millions and suspending business operations. All these steps have slowed down the growth of world economy and drag down the overall growth of global economy (Jones, Brown & Palumbo, 2020).
Discussion
For making things worse, Coronavirus is spreading rapidly around the world in several countries like Italy, Iran and South Korea, along with several European countries such as France, Germany, and Spain. From an economic perspective, the key issue with respect to the outbreak of Coronavirus is not limited to the number of cases, but the extent of disruption and negative affect to world-wide economies. Widespread lockdowns imposed by worldwide governments enacted in virus hotspots areas induced panic and weaken global economy even more (The IMF explains the economic lessons from China’s fight against coronavirus, 2020). The impact of Coronavirus on economic growth is witnessed in several terms as discussed below:
i) Downgrades in economic forecasts:
Coronavirus outbreak has led commercial banks and financial institutions to cut their forecasts for the global economy. A report published by the Organisation for Economic Cooperation and Development (OECD) in March 2020 showed downgraded 2020 growth forecasts almost for all economies as shown below:
(Source: Lee, 2020)
As per the above graph, it can be seen that gross domestic product of China has shown largest downgrade in terms of magnitude, on the basis of information released by OECD. Likewise, economists argue that Asian economic system likely to grow by 4.9% in 2020, which is much slower than the earlier forecast of 5.7%. Moreover, it is predicted that global economy will grow by 2.4% in 2020, which is quite less than 2.9% projected in previous years (Lee, 2020)
ii) Slowdown in manufacturing activity
Global manufacturing sector is also affected negatively by outbreak of this virus. A survey named The Caixin/Markit manufacturing purchasing managers’ index showed that manufacturing activity in China is contracted significantly in February 2020, at the record low rate of 40.3 as compared to average reading of 50 (Lee, 2020). A snapshot of slowdown in manufacturing activities around the globe is:

(Source: Lee, 2020)
The slowdown in Chinese manufacturing sector is also joined by several Asia Pacific economies such as Singapore, South Korea, and Vietnam. All these Asian Pacific economies are closely tied with China. It is predicted...