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Prime Minister Imran Khan has said that the developed world has experienced the Covid-19 pandemic differently as compared to countries in the subcontinent.
Addressing a session of the World Economic Forum via video link, he said: "Firstly, the speed with which the virus spread in the Europe and the US, it didn't spread in the same way here.
"We had to face a twin challenge. One was to stem the growth of the virus, but the bigger challenge is how to mitigate the effects of lockdown on our population and rising poverty."
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Prime Minister Imran Khan said that millions would have starved if the government had not lifted the lockdown meant to curb the spread of the coronavirus.
"In Pakistan, we have 25 million workers who are either daily-wagers or are self-employed, and these are 25 million families [...] I'd say it has affected 120-150 million in total.
"These people are facing stark poverty, and unless these people work, they will starve. So what we did was, and I'm proud of my government for this, was that we started a cash disbursement programme."
However, this was only a short term solution, which is why we decided to ease the lockdown, he said. "There's no way the government can give out handouts to feed people for that long."
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Prime Minister Imran Khan has said that the coming year is not just a challenge for Pakistan but for the entire world.
"[When the pandemic hit] every country looked within and became insular. But ultimately we are all connected and the response has to be global."
He added that he has spoken to the leaders of Nigeria, Ethiopia and Egypt and they had informed him that they were facing similar issues such as drop in exports and revenue.
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Prime Minister Imran Khan said that a lot of the developing world does not have fiscal space to deal with the economic fallout from the Covid-19 outbreak.
"G-20 countries are coming up with a debt relief [initiative] but we need more details. The reason why there should be [such an initiative] is because we need that fiscal space to divert resources to healthcare and the environment."
Prime Minister Imran Khan has said that the developed world has experienced the Covid-19 pandemic differently as compared to countries in the subcontinent.
Addressing a session of the World Economic Forum via video link, he said: "Firstly, the speed with which the virus spread in the Europe and the US, it didn't spread in the same way here.
"We had to face a twin challenge. One was to stem the growth of the virus, but the bigger challenge is how to mitigate the effects of lockdown on our population and rising poverty."
==
Prime Minister Imran Khan said that millions would have starved if the government had not lifted the lockdown meant to curb the spread of the coronavirus.
"In Pakistan, we have 25 million workers who are either daily-wagers or are self-employed, and these are 25 million families [...] I'd say it has affected 120-150 million in total.
"These people are facing stark poverty, and unless these people work, they will starve. So what we did was, and I'm proud of my government for this, was that we started a cash disbursement programme."
However, this was only a short term solution, which is why we decided to ease the lockdown, he said. "There's no way the government can give out handouts to feed people for that long."
==
Prime Minister Imran Khan has said that the coming year is not just a challenge for Pakistan but for the entire world.
"[When the pandemic hit] every country looked within and became insular. But ultimately we are all connected and the response has to be global."
He added that he has spoken to the leaders of Nigeria, Ethiopia and Egypt and they had informed him that they were facing similar issues such as drop in exports and revenue.
==
Prime Minister Imran Khan said that a lot of the developing world does not have fiscal space to deal with the economic fallout from the Covid-19 outbreak.
"G-20 countries are coming up with a debt relief [initiative] but we need more details. The reason why there should be [such an initiative] is because we need that fiscal space to divert resources to healthcare and the environment."
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