“Resurgence in cases and (any) emergence of fresh variants are notable risks for the economy for the rest of the year, particularly at a time when vaccination coverage is short of achieving a critical mass,” said DBS economist Radhika Rao.
“Reinstatement of movement curbs risks deepening the damage inflicted on the informal sector, which contributes to nearly half of the national output and employs a majority.”
The WHO Situation Report of July 19 2021 noted that the number of COVID-19 cases reported worldwide increased by 12% in the previous week. Right now, the pandemic is growing.
There are also widespread concerns about unfolding outbreaks in many places across sub-Saharan Africa. Most countries in the continent have populations that are almost entirely unvaccinated and so greatly susceptible to new outbreaks. The tragic circumstances of the huge outbreak earlier this year in India shows how COVID-19 can wreak havoc on a susceptible population.
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.