AIRLINK 69.99 Decreased By ▼ -3.07 (-4.2%)
BOP 4.95 Decreased By ▼ -0.14 (-2.75%)
CNERGY 4.32 Decreased By ▼ -0.05 (-1.14%)
DFML 31.25 Decreased By ▼ -1.20 (-3.7%)
DGKC 76.76 Increased By ▲ 1.27 (1.68%)
FCCL 19.91 Increased By ▲ 0.39 (2%)
FFBL 34.40 Decreased By ▼ -1.75 (-4.84%)
FFL 9.14 Decreased By ▼ -0.08 (-0.87%)
GGL 9.81 Decreased By ▼ -0.04 (-0.41%)
HBL 113.40 Decreased By ▼ -3.30 (-2.83%)
HUBC 132.82 Increased By ▲ 0.13 (0.1%)
HUMNL 7.03 Decreased By ▼ -0.07 (-0.99%)
KEL 4.27 Decreased By ▼ -0.14 (-3.17%)
KOSM 4.35 Decreased By ▼ -0.05 (-1.14%)
MLCF 35.98 Decreased By ▼ -0.22 (-0.61%)
OGDC 132.56 Decreased By ▼ -0.94 (-0.7%)
PAEL 22.26 Decreased By ▼ -0.34 (-1.5%)
PIAA 24.18 Decreased By ▼ -1.83 (-7.04%)
PIBTL 6.51 Decreased By ▼ -0.04 (-0.61%)
PPL 117.07 Increased By ▲ 1.76 (1.53%)
PRL 25.94 Decreased By ▼ -0.69 (-2.59%)
PTC 13.54 Decreased By ▼ -0.56 (-3.97%)
SEARL 52.20 Decreased By ▼ -1.25 (-2.34%)
SNGP 68.54 Increased By ▲ 1.29 (1.92%)
SSGC 10.60 Decreased By ▼ -0.10 (-0.93%)
TELE 8.47 Increased By ▲ 0.05 (0.59%)
TPLP 10.85 Increased By ▲ 0.10 (0.93%)
TRG 59.55 Decreased By ▼ -4.32 (-6.76%)
UNITY 25.05 Decreased By ▼ -0.07 (-0.28%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,419 Decreased By -42 (-0.56%)
BR30 24,010 Decreased By -161.6 (-0.67%)
KSE100 70,847 Decreased By -255.2 (-0.36%)
KSE30 23,307 Decreased By -87.5 (-0.37%)
World

U.S could have saved $10 trillion if they handled COVID-19 as well as Pakistan

  • According to Larry Summers, former United States Treasury Secretary, if the United States handled the pandemic as well as Pakistan, "we would have saved in neighbourhood of $10 trillion".
Published October 18, 2020

According to Larry Summers, former United States Treasury Secretary for the Bush and Obama Administration, in an interview with Fareed Zakaria, he stated that if the United States handled the pandemic as well as Pakistan, "we would have saved in neighbourhood of $10 trillion".

Summers added that the initial cost of an expanded testing and public healthcare system are trivial as compared to the sheer human cost of hundreds of thousands of deaths.

Furthermore, he added that the Trump Administration should be making investments in renewing the country's crumbling infrastructure, supporting local governments, facilitating the unemployed, while also reinforcing a robust public healthcare system.

Comments

Comments are closed.