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COVID-19

COVID-19, Economy & Colonial Mind-set of our Youth

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COVID-19 has spread around the world. Fear is everywhere. Man is afraid of man. The colors of the markets have faded. Doctors and scientists are trying their best to break the epidemic but to no avail.

COVID-19 is not just an epidemic, it has become a plague that is destroying the entire world economy. Whether it is developing countries or developed countries, all are targeted. Unemployment has risen around the world. In the United States alone, 17 million people have lost their jobs. The situation in Pakistan is no different. According to the estimates of the IMF and the World Bank, the growth rate in Pakistan will remain negative and unemployment will increase.

The expenditure burden on the government has increased, while the revenue is getting less and less. The government is spending billions of rupees on relief packages for the weaker sections. To improve the facilities in the hospitals, separate expenses, and emergency expenses to fight this insidious epidemic will have to be given, and billions of rupees will have to be given to various sectors to run the economy. On the other hand, according to various estimates, government revenue will be reduced by up to 70%.

ALSO READ: China vs Pakistan – Difference of National Attitude amid COVID-19

Lack of business will reduce tax revenue. Exports have dropped by 50%. This will reduce tax revenue. The rupee will depreciate and a new wave of inflation will rise. Unemployment will reduce the purchasing power of the people and will reduce demand. As a result, there will be a reduction in supply, which will make business worse. The young people who will come to the market after completing their degrees this year will face the ghost of unemployment. It will be very difficult to get a job and if the goddess of fortune is kind to someone and he gets a job, it will be possible only with low salary and inappropriate accessories.

In a world of recession and unemployment, what avenues do young people have? Go abroad with your skills and degrees or look for a job in the local market. The situation will not be different anywhere in the world, as the World Bank is associating this recession with the recession of the 1930s. This recession will affect the whole world equally. In that case, business is the only way. Young people become employers instead of looking for jobs.

ALSO READ: Pakistan’s Informal Economy: The Way Forward (Strategies to Change the Status of Informal Economy)

After COVID-19, the world will be a changed world, with more information technology going on than ever before. In such a situation, by gaining expertise in any field of IT, the youth themselves will earn the best jobs and also foreign exchange for the country. People will be more serious about the environment in the times to come. In such cases, domestic and international demand can be met by making environmentally friendly products.

CPEC will be very important in the next few years. Take advantage of CPEC by Delivering fruits, vegetables, wheat, and rice to China’s population of over one billion. Settle uncultivated lands, bring innovation in agriculture. Agriculture today is considered a sector of “uneducated villagers (Pendu)” people, and the educated youth feel ashamed to be associated with it. The youth have to make the sector of agriculture functional. Learn from the Israeli model in agriculture, how they settled barren lands and today have become the world’s largest producer of vegetables per acre.

ALSO READ: Hydro-Politics among Asian Powers

The result will be that in a few years, the IT sector in Pakistan will also stand strong, which is very important to make its mark on the world today. The public health sector and medical treatment facilities will be a thousand times better from today and we will not have to look to India and Europe for the import of medicines. In food production, Pakistan will be not only self-sufficient but also one of the exporting countries.

All that is needed is for the youth to give up colonial ideas, abandon the dream of becoming government clerks, and come to the fore. Leave the easy and “ripe” job and create new ways.

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COVID-19

Government Revealed the Total Number of Pakistanis Died Abroad due to COVID-19

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Foreign Minister Shah Mehmood Qureshi, while presenting the details of Pakistanis who died abroad due to coronavirus in the National Assembly, said that a total of 986 Pakistani bodies have been shifted to Pakistan, including the bodies of 123 people who died from COVID-19.

Shah Mehmood Qureshi said that the bodies of 1,134 people who died abroad from COVID-19 have been buried locally while the active cases of Corona in Pakistan remained at 25,000.

ALSO READ: Inside View of Corona Wards in Government Hospitals of Pakistan [Video]

In the last 24 hours, 1,063 new cases of coronavirus have been recorded in Pakistan and 27 people have died.

According to the National Command and Operations Center, 244,838 people have recovered in the country so far. In the last 24 hours, 21,256 tests were conducted. The highest number of tests took place in Sindh province.

The total number of people infected with Coronavirus in Sindh is 119,398, Punjab 92,452, Khyber Pakhtunkhwa 33,724, Balochistan 11,654, Islamabad 14,963, Kashmir 2,055 and Gilgit-Baltistan 2,042. A total of 5892 people have died in Pakistan so far.

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COVID-19

The Current Situation of COVID-19 in Pakistan

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The number of active cases of corona in Pakistan has come down to 25,177. According to the National Command and Operations Center, 20,507 corona tests were conducted across the country in the last 24 hours, while 1,973,237 tests have been conducted so far.

In the last 24 hours, only 903 new cases have been reported across the country, bringing the total number of Corona patients to 278,305. While the number of patients recovered from corona has reached 247,177 and the number of active cases has come down to 25,177.

The number of certified corona patients in Sindh is 120,550, in Punjab 90,873, in Khyber Pakhtunkhwa 33,958, in Balochistan 11,732, in Islamabad 15,014, in Azad Jammu and Kashmir 2,073 and in Gilgit Baltistan 2,105.

So far, 89% of Corona patients have recovered, out of which, 110,223 people belong to Sindh while 82,526 people belong to Punjab. 28,450 people have been recovered in Khyber Pakhtunkhwa, 12,494 in Islamabad, and 10,116 in Balochistan.

In the last 24 hours, 27 people across the country have succumbed to corona, bringing the total number of deaths across the country to 5,951 while 210 patients are on a ventilator in hospitals across the country.

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COVID-19

Traders Rejected the Government’s Order of Lockdown – Riots Against the Government

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To curb coronavirus cases and prevent it from spreading on special days, the Punjab government in a meeting yesterday formulated the strictest lockdown strategy. After which it was announced that the strictest lockdown should be implemented from July 28 to August 5 so that the happy moments on the occasion of Eid-ul-Adha do not turn into sorrows like the previous Eid.

But today, in different cities of Punjab, notably Lahore and Faisalabad, traders have opened shops in defiance of government lockdown orders. In Lahore’s Azam Market and various markets in Faisalabad, traders blew up the government’s strategy and opened shops and resumed business as usual. The situation in Sargodha is also tense and the administration has sought help from the army.

ALSO READ: PTI Failed to Fulfill its Promises & Started Worrying about their Term

Police rushed to the spot and closed the shops by force. As a result, dozens of resisting traders were arrested. Traders say the closure of shops on Eid is causing irreparable damage to business and they will not allow the government to do so.

Protesting traders say that their businesses are already suffering due to poor government policies, and will not close shops anymore. Traders rallied in various places against the government’s orders and demanded an end to the lockdown.

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