Secretary general of the World Health Organization (WHO), Tedros Ghebreyesus said, the risk of returning to lockdown due to the COVID-19 pandemic “remains very real if countries do not manage the transition extremely carefully, and in a phased approach.” - Photo: AFP

JAKARTA (TheInsiderStories) – Secretary general of the World Health Organization (WHO), Tedros Ghebreyesus said, the risk of returning to lockdown due to the COVID-19 pandemic “remains very real if countries do not manage the transition extremely carefully, and in a phased approach.” As reported, some countries has announced to open the lockdown in this month.

Based on Worldometers, globally, number of positive cases recorded 3.91 million with total deaths 270,711, and recovered 1.34 million. The largest cases experienced by Europe over than 1.5 million followed by United States 1.29 million.

He estimates, that WHO requires US$1.7 billion dollars to respond the COVID-19 across the three levels of the organization, leaving the organization with a funding gap of $1.3 billion for 2020. Recently, the European Commission announced to pledge EUR7.4 billion ($8.74 billion) for Strategic Preparedness and Response Plan, which will be published in the coming days to support the international response and national action plans to the end of this year.

Earlier, Dr. Poonam Khetrapal Singh noted, nearly 1.5 billion people – in Bangladesh, India, Myanmar, Nepal, Sri Lanka and Thailand together – are currently experiencing lockdowns. India, Indonesia and Thailand have signed up for the multi-country trial, which will compare the safety and effectiveness of four different drugs or drug combinations against COVID-19.

Seeing the development of the epidemic in the wordl, the International Monetary Fund’ (IMF) chief economist, Gita Gopinath said, that the outlook for the global economy has worsened since the latest forecast three weeks ago. She noted, the external funding needs of developing countries are expected to surge well above the previous agency projections of $2.5 trillion.

Earlier, she estimates the global economy would drop to 3 percent in this year. The scenario assumes that the epidemic will subside in the second half of the year and the restrictive measures can be gradually stopped. Gopinat also rated that some countries will face a solvency crisis and will need a debt write-down rather than just a delay in payments.

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Written by Staff Editor, Email: theinsiderstories@gmail.com