Coronavirus: Saving Lives Prerequisite To Saving Jobs – WHO, IMF

 Coronavirus: Saving Lives Prerequisite To Saving Jobs – WHO, IMF

The World Health Organization (WHO) and International Monetary Fund (IMF) on Friday stated that saving lives was prerequisite to saving means of livelihoods in the global fight against the COVID-19 pandemic.

According to the AFP, the Director-General of the WHO, TedrosAdhanom Ghebreyesus and the Managing Director of the IMF, Kristalina Georgieva in an article said getting the COVID-19 virus under control first was necessary to revive economic activity.

The pair said that in too many countries, notably poorer ones , the health systems were unprepared for an onslaught of COVID-19 patients and urged states to prioritise spending on healthcare.

 “At face value there is a trade-off to make: either save lives or save livelihoods.This is a false dilemma getting the virus under control is, if anything, a prerequisite to saving livelihoods.”

“The course of the global health crisis and the fate of the global economy are inseparably intertwined. Fighting the pandemic is a necessity for the economy to rebound,”

“Our joint appeal is that in one of humanity’s darkest hours, leaders must step up right now for people living in emerging markets.” they wrote.

They said economic activity was plummeting as infections and pandemic control measures affected workers, companies and supply chains, while financial conditions were tightening.

The article said that a  record of 85 countries were seeking IMFemergency financing, and the Washington-based institution was doubling its emergency response capacity from $50 billion up to $100 billion while the WHO, based in Geneva, has said it could help in coordination by facilitating advance purchase agreements for vital medical supplies.

“As we all work together, with little time and finite resources, it is essential that we focus on the right priorities to save lives and livelihoods,” said Tedros and Georgieva.

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