How the Integrated and measure action will be taken by World Health Organization (WHO) and International Monetary Fund (IMF) to reduced the loss of human capital and Global economic recession due Pandemic COVID-19 effect in the World ?
As we know that the health system and Financial sector of the global world is suffering in very crucial setuation due to corona virus pandemic in year 2020. Therefore the Integrated and measure action to be taken by World health organization and International monetary fund for saving the beautiful lives of whole of mankind and strengthen the Medical facilities with economic activities in developing countries. Now the whole world is facing the global economic recession fall to in (-3.0%) of global real GDP growth in year 2020 by loss of (9.0 USD trillion dollars )and more than 1,50,000 corona patients died due to Pandemic COVID-19 in the whole world. The devolping countries should be take the following actions which are mandatory through the help of IMF and WHO and Central government help from the nations. 1. Strengthen the health system using lockdown. 2. Strengthen Economic activities and saving human lives. 3. Promoting better Medical facilities and invention of Vaccine to protect Human lives from Covid-19 pandemic. 4. Countries must focus to strengthen the Business upwards and better monetary and Financial policies implementation . 5. Minimize the jobs losses. and strengthen the Manufacturing sector and focusing in Agri-business.
The world is witnessing unprecedented challenges due to the pandemic of the Coronavirus, its devastating effects are felt far and wide across the globe, with continuing human and economic repercussions. The World Bank and the International Monetary Fund should play a leading role in assisting all countries against the pandemic ,and to consolidate the progress made towards achieving the sustainable development goals .
The Corona Pandemic surely caused Panic across the Globe, But it has opened also the Pandora's Box as to be seen in the Future Socio-Economic, Political, Cultural, Environomic and Demographic, Social Psychological order that has to be set up by the International Leadership of either UNO or UNESCO or WHO,or IMF, or IBRD like bodies for the Consolidation of World Resources need to be re-engineered by the demand management options to be led by Unfortunate Majority of the people in the World, who are in dire need of Basic Facilities. Nature Expects it to happen. Have The World Sustained with Basics of Development Benefits with none remains Bereft of it. TQ