Consultancy for undertaking scenario planning on the socio-economic impact of Covid-19 in the SADC Region
The overall objective of this assignment is to undertake scenario planning on the un-folding of the COVID-19 pandemic in the SADC region with a focus on the broader economic and social consequences, and thereafter, recommend practical response strategies under the different scenarios.
The purpose of this contract is to undertake a review on COVID -19 effects (direct and secondary) in the SADC region for the selected sectors in order to provide recommendations to mitigate the impacts of COVID-19.
The assignment covers the entire SADC region, but is limited to a few sectors for which various studies have revealed that the COVID-19 pandemic has greater impact. These sectors are:
(i) Health;
(ii) Trade;
(iii) Tourism;
(iv) Food Security;
(v) Education;
(vi) Employment; and
(vii) The Informal Sector.
In addition to the selected sectors, the analysis also covers the impact of the pandemic on macroeconomic stability in the region under the different scenarios, and recommend policy responses. The analysis will be based on selected macroeconomic variables (including GDP Growth, Inflation, Budget Deficit, External Debt, Current Account Deficit, External Reserves, Central Bank Credit to Government, and Domestic Savings).
The following steps should be considered:
- Step1 - Identifying key factors
- Step 2 - Developing Scenarios
- Step 3 – Analysing Scenarios
- Step 4 - Recommending action