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COVID-19

Govt has Decided to Ease the Lockdown Conditions in these Sectors

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The federal government further eased the lockdown and announced the gradual opening of businesses including restaurants, entertainment venues, and wedding halls.

A meeting of the National Command and Operations Center (NCOC) was held in Islamabad under the chairmanship of Federal Minister for Development and Planning Asad Umar to consider the situation of Corona epidemic in the country.

Later, in a media briefing, Asad Omar said that the Corona epidemic in the country has decreased and the situation has improved considerably. The decision to reopen the educational institutions on September 15 was upheld at the NCOC meeting. At the same time, the government has decided to soften the lockdown and open more departments.

ALSO READ: Human Lives v/s Economy – Which Should be Given Priority? (Detail Analysis)

Asad Omar said that from August 8 (Saturday) tourist places and hotels, while from Monday, August 10, public parks, entertainment venues, expo halls, beauty parlors, shrines, religious places, cinemas, theaters, gyms, clubs, Hotels, cafes, and restaurants will be opened where dining in will be allowed.

Asad Umar further said that road transport, railways, airlines are also being restored as per normal, all restrictions on them are being lifted. However, standing in metro services and buses will not be allowed while traveling, while it has been decided to allow dual passengers on motorbikes.

ALSO READ: Punjab Govt Decided to Open Educational Institutions Under these Strict SOPs

The Federal Minister said that the working hours of the markets are also being restored as per normal and all the markets are being allowed to open according to the old system, punctuality and weekend restrictions are being abolished for them.

Asad Omar said that sports in which there is no physical contact will also be allowed from August 10. Kabaddi, wrestling, rugby are still banned but other sports are now allowed, but spectators will not be allowed.

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COVID-19

The World Needs to Learn From Pakistan’s Efforts to Deal with Corona, President UN General Assembly

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UN General Assembly President Volkan Bozkir has said that the world needs to learn from Pakistan’s efforts to deal with Corona. During a press conference with UN General Assembly President Volkan Bozkir, Shah Mehmood Qureshi said that the meeting with Volkan Bozkir was pleasant. On this occasion, we briefed him on measures to deal with Corona, Pakistan’s role in bringing peace to Afghanistan, and human rights violations in Occupied Kashmir.

Volkan Bozkir said that he is happy to come to Pakistan, Pakistan hosted him in the best possible way. Pakistan is an important member of the UN General Assembly and Pakistan’s role in bringing peace to the region is commendable.

ALSO READ: What are the Current Economic Indicators & Progress of Pakistan?

He discussed important issues with Foreign Minister Shah Mehmood Qureshi and also met Prime Minister Imran Khan today. Prime Minister Imran Khan briefed about the situation in Occupied Kashmir and he was impressed by the views of Prime Minister Imran Khan.

“Tackling the coronavirus is a challenge for countries around the world. Pakistan has fought this global epidemic in the best possible way. The world needs to learn from Pakistan’s efforts to deal with corona,” Bozkir said.

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COVID-19

Imran Khan’s Victory over Profiteers – Billions of Rupees are Lost by the Mafia

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Journalist Imran Riaz said that there are some people in Pakistan who are forced to live below the poverty line but there are also some people who belong to wealthy families but they are the ones who are abusing Prime Minister Imran Khan from a long time. They are using abusive language for Prime Minister Imran Khan only because they are used to make money in Pakistan through illegal means, and for these people, Prime Minister Imran Khan has proven to be unlucky.

“I was very happy to see when a man who is causing damage to Pakistan gets ruined,” he said. In the last few days, many people have been ruined who wanted to earn profit through illegal means. For example, N95 mask which is said to be a very good mask against COVID-19, was suddenly perished from the market by profiteers in Pakistan and the same mask was sold in black to make huge profits, even though its price had reached Rs 2,000, but now the same mask is available in the market for only Rs 150.

ALSO READ: Another Example of Profiteering by Pakistanis – Corona Vaccine Actemra Vanished from the Market [Video]

He said that as the cases of Coronavirus increased in Pakistan, the price of hand sanitizers increased and it was sold in the black market for high prices. Profiteering mafia stockpiles massive hand sanitizers to make a profit in the future, but due to the decrease in the Corona cases, there are no buyers to buy it now. The profiteering mafia is facing severe losses at the moment.

“I am very happy with the news that contrary to the estimates of international organizations, the spread of the coronavirus in Pakistan has stopped, which is a piece of bad news for illegal profiteers because they purchased Corona related goods worth billions. The medicines are now available in the market at low rates, thanks to some necessary steps taken by the government. The availability of medicines in the market is good news for the poor but devastating news for the profiteers,” he said.

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How Much the Global Economy may Suffer in the Next few Months due to COVID-19?

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All over the world, including Pakistan, there is a trend of decrease and increase in the number of Corona cases, but due to this virus, the wheel of the national and global economy got stuck. It is estimated that due to Corona, there is a risk of a $5800 billion loss to the global economy. The Asian Development Bank (ADB) says the global economy is expected to lose a total of $5,800 billion in the next three months. ADB published a report on possible economic losses from the Corona epidemic.

The report says that the Coronavirus is expected to cause a loss of $5,800 billion in the next three months, and if such a situation persists for six months, the damage could reach $8,800 billion, leading to a global economic crisis. Economic growth could be as high as 9.7 percent.

ALSO READ: China’s Economic Revolution & World Power Politics

According to the report, Asia will account for 30% of the impact on global economic activity. According to ADB, global production could be affected by $1700 billion to $2500 billion. Globally, 150 to 240 million people may be unemployed, while in Asia alone, 100 to 160 million people may be unemployed.

The report said that if the situation remained the same, more than 50 million people would fall below the poverty line in the next six months, in that case, the common man and industrialists would desperately need the help of the government.

According to the National Command and Operations data Center, 675 cases of coronavirus were reported in the last 24 hours across the country. The number of victims has risen to 281,136 while 15 more died from the virus and the total death toll in the country has risen to 6014.

ALSO READ: Can Bretton Woods System save the economy of the world Amid Convid-19?

On the other hand, 704,365 people have been killed and 18,702,737 people have been infected with the coronavirus worldwide. So far 11,917,247 people have recovered.

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