• The critical situation of COVID-19 prevails all over the world. We can see that every economy rather rich or poor is bearing the consequences except few economic tigers. It is being assumed that the deprived nations are spreading the virus to get financial aid , some have strong internal resources, on the other hand, there are such prestigious nations that seem to be collapsed but do not demand for aid but rather filing long-term loans. There is also another picture of the story where nations do not have the capacity, the financial institutions have no power to lend out and courage to make deals, and are burdensome for past loans as well. By using your academic knowledge critically suggest the options for each such nation to how to cope with this current situation?