How Governments around the world are helping their citizens toaffect the Covid-19 Pandemic?
Coronavirus disease 2019 (COVID-19) is a communicable diseasecaused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The disease was first identified in 2019 in Wuhan, China, and has since spread globally,leading tothe 201920 coronavirus pandemic. Common symptoms include fever, cough, and shortness of breath. Muscle pain, sputum production, andpharyngitisare less common. Whilethe bulkof casesend inmild symptoms, somereachsevere pneumonia and multi-organ failure.the speedof deaths per number of diagnosed cases ison the average3.4%,starting from0.2% in those under 20 to approximately 15% in those over 80 years old.
The infectionis usuallyspread from one personto a differentvia respiratory droplets produced during coughing and sneezing. Time from exposure to onset of symptomsis usuallybetween two and 14 days, witha meanof 5days.the qualitymethod of diagnosis is by reverse transcription polymerase chain reaction (rRT-PCR) from a nasopharyngeal swab. The infectionalso canbe diagnosed froma mixtureof symptoms, risk factors and a chest CT scan showing features of pneumonia.
Businesses and economies are suffering around the world as there are complete lockdowns in some countriesand other peopleare toldto remainhome. There are visuals coming from various parts ofthe planetwhere flights are canceled, borders are sealed, airports closed down, cruise linesarentoperating, people are panic buying, schools, nurseries, and universities are closed, restaurant, bars and cafes, beaches, swimming pools, and major tourist destinations havepack upthanks tothe pandemic.
The situation is like never seen before in our generation,nobodyknows how longthis is able tolast. The hospitality industry has been really hit hard. The oil price has fallen below 30$ per barrel. The testing for vaccination is ongoing, buttheresno news to as of howit mightbe ready and available forthe overallpublic,thus farflatten the curve and Covid-19 hashtags are trending worldwide.
Well, with all the negative news,theres
something positive thatwe should alwaysnotice.albeitpeople are forcedto remainhome, the pandemic is teaching us to be more human.itsteaching us to twiddle my thumbs as we keepexpectingthe newsto interruptpatiently so take crucial decisions, what other choices can wehave?the earthis healingbecause thepollutiongoesdown, there areonly a fewplanes flying, no cruise shipswithin thesea, there are less cars on the roads. People are spending time together as a family. People in Italy have starteda replacementculture where neighbourscloseata specifictime and play music to spread cheerwithin thecurrent depressing times. Spain and France have followedan equivalentregime.this is oftenhappeningwithin thetimesonce wedont even know who stayswithin thenext house and keep ourselves isolated maintaining our so-called busy and normal lives.
The best part is Governmentstryto guardtheir peopleand everycountry has come up with new measuresto save lots oftheir people and businesses. As a Canadian,Imverypleased and proud of our leader,Prime Minister Justin Trudeauannounced, holding mortgage payments and tax seasonto increaseby September.a number ofthe important steps taken by the Canadian Government are here below.
Emergency Funds for COVID-19:
11. Emergency support fund $5 Billion
-more infoto return
*Supply chains from groceries will maintain fair prices for Canadians
UAE Governmenthas also introduced some positive measures for the citizens and Residents.Abu Dhabiannounced a stimulus package following directives from His Highness Sheikh Mohamed bin Zayed Al Nahyan, Prince ofAbu Dhabiand Deputy Supreme Commander of the UAEsoldiers.
Allocating Dh5 billion to subsidise water and electricity for citizens, and commercial and industrial activities.
Subsidising electricity connection fees for startups untilthe topof this year.
Toll charge exemption for all vehicles in 2020
Exempting all commercial and industrial activities fromlandregistrations this year.
Exempting all commercial and industrial activities from Tawtheeq fees this year.
Allocating Dh3b to the SME (small-medium enterprise) credit guarantee scheme managed byAbu DhabiInvestment Office to stimulate financing by local banks and enhance SMEs ability to navigatethe presentmarket environment.
Allocating Dh1bto determinea market maker fund,to reinforceliquidity and sustain the balance between supply and demand for stocks.
Settling all approved government payables and invoices within 15 working days.
Suspending bid bonds and exempting startups of performance guarantees for projects up to Dh50 million.
Reducing industrial land leasing fees by 25% on new contracts.
Waiving current commercial and industrial penalties.
Exempting commercial vehicles from annual registration fees tothe topof 2020.
Exempting all vehicles from traffic tariffs from road tolls tothe topof 2020.
Suspending tourism and municipality fees for tourism entertainment sectors for this year.
Offering upto twentypercent rebate on rental values for the restaurants and tourism and entertainment sectors.
Establishinga replacementcommittee headed by the Department of Finance, with members from the Department of Economic Developmentand nativebanks to review lending options to support local companies.
France Government, French Economy Minister Bruno Le Maire detailed the governments plan of attack, which envisages the mobilisation of 345 billion to support the economy, from car companies tothe companygiants of the CAC40. This economic and financial war is going to be long-lasting warned the minister.
Macron announced in his speech last Thursday (12 March) thatthe govtwouldfound outa 45 billion fund to be used for canceling or deferringSocial Securitycontributions for companies,so asto stopthe bankruptcyof thesesuffering fromthe stoppage ora pointyslowdown in their activity.
Part of this moneyalso willbewont tofinancethe hugeshort-time working scheme, which wasfound outas a matter of urgency.
We must not haveoneSME [small or medium-sized enterprise]thatsnotduring aposition to pay itsSocial Securitycontributions, the minister added. Finally, 2 billion from this fund should make it possible to support micro-enterprises whose turnover will have fallen significantlythanks tothe health crisis.
The above are justa couple ofsamples ofWorld leaders who are stepping upto save lots oftheir countrymen and economies, we hope and believe things willrecoversoon and this so-called Pandemic passes quicklysort of abad dream. Maybewe willallprefer topray and replace the time we are spendingto observeTV and social media newsto stayour faith in almighty and be positive.