Yes, the COVID-19 pandemic has had a significant impact on the global economy and has made it hard for many people and businesses. The pandemic has resulted in widespread lockdowns, travel restrictions, and business closures, which have led to reduced economic activity and job losses in many industries.
The pandemic has affected different sectors of the economy differently, with some industries such as hospitality, travel, and entertainment being hit particularly hard. Many small businesses have also struggled to survive due to reduced customer demand and increased operational costs.
Governments around the world have implemented various measures to support businesses and individuals affected by the pandemic, such as stimulus packages, loan programs, and unemployment benefits. However, these measures have not been able to fully offset the economic impact of the pandemic.
Overall, the COVID-19 pandemic has presented significant challenges to the global economy, and its effects are likely to be felt for some time to come