Africa is two to three weeks away from the worst of the coronavirus storm and needs an emergency economic stimulus of $100 billion to bolster preventative measures and support its fragile healthcare systems, according to the United Nations Economic Commission for Africa.
"If we want to have a fighting chance, we need it immediately," she said."In the next two to three weeks, if we act really decisively, we may be able to flatten the curve and then when the storm comes it will be not be as brutal as we see in Europe." "Our hospital systems are so weak and so stressed already that another stress on them is going to break them," Songwe said.
The continent has never experienced a crisis of the scale and magnitude caused by the coronavirus pandemic, Songwe said. While its impact is likely to be felt for 12 to 18 months - with a loss of lives, jobs and businesses as economies grind to a halt - the potential loss of health care providers and schooling would also weigh on the continent's health and education sectors for years to come, she said.
Fin24 I do believe the world is about to be very disappointed that their COVID-19 hasn't wiped us(Africans) out as they so desperately hope. LockdownSA Covid19inSA COVID19
Fin24 The media has decided that
Fin24 A lot of African countries have put lockdowns on their citizens unlike a lot of Europeans countries - they waited and waited and waited. Trump for example still doesn’t have NYC on lockdown and 50% of their cases are in NYC
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: eNCA - 🏆 49. / 51 Read more »
Source: City_Press - 🏆 7. / 72 Read more »
Source: TheCitizen_News - 🏆 6. / 75 Read more »
South Africa may approach the IMF for 'health funding' - MboweniSouth Africa may approach the International Monetary Fund and World Bank for funding to fight the coronavirus that threatens to drag the country's economy deeper into recession, Finance Minister Tito Mboweni said in the Sunday Times newspaper. Few weeks ago he said our economy is strong enough to overcome. We are in deeper trouble than we are told as a country Stop him!!! We do this, we are gone ... forget fiscal sovereignty. IMF has been hovering for years like a heyna does when spotting a dying animal or human
Source: SowetanLIVE - 🏆 13. / 63 Read more »
South Africa may approach the IMF for 'health funding' - MboweniSouth Africa may approach the International Monetary Fund and World Bank for funding to fight the coronavirus that threatens to drag the country's economy deeper into recession, Finance Minister Tito Mboweni said in the Sunday Times newspaper. Hete we go. Health funding to be used for the personal financial health of ANC/SACP cadres. Game over Ku - bird
Source: TimesLIVE - 🏆 28. / 59 Read more »
What will happen to Africa after the coronavirus?What are the implications for Africa? It would help if the whole kit and caboodle of African governments comprehended the fact that the world will not be same after the dust settles on the pandemic. There u go again with your doomsday prophecies
Source: IOL - 🏆 46. / 51 Read more »