COVID-19: Virus continues to gain speed in Pakistan

New cases reported following ease in lockdown across state.

National Command & Operation Centre releases latest statistics of the virus in Pakistan, confirm reports.

According to reports of Baaghi TV, the total active COVID-19 cases in Pakistan has reached 34,426 with 2,603 new cases reported on the 21st of May.

Lady constable died, hours after she tested coronavirus positive

It is to be noted that so far, a total of 50,694 cases have come to light in Pakistan:

  • Azad Jammu & Kashmir: 158
  • Balochistan: 3074
  • Gilgit-Baltistan: 602
  • Islamabad: 1,326
  • Khyber Pakhtunkhwa: 7,155
  • Punjab: 18,455
  • Sindh: 19,924

The true identity of the Colonel’s wife revealed

So far, 15,201 patients have reportedly recovered since the outbreak spread in Pakistan while, 1,067 people have diead due to contraction of the novel virus. According to reprots, 50 new casualties were reported in a single day.

  • Sindh: 336
  • Punjab: 310
  • Khyber Pakhtunkhwa: 365
  • Islamabad: 12
  • Balochistan: 39
  • Gilgit-Baltistan: 4
  • Azad Jammu & Kashmir: 1

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According to reports, 372 patients are in critical conditions. So far, 445,987 tests have been conducted with 16,387 tests carried out on 21st May. Currently, 726 hospitals with COVID-19 facilities are providing facilities to 11,561 patients admitted across the country.

Pakistani flag hoisted at the house of Kashmiri freedom fighter

Cher appreciates government of Pakistan on social media

Stay tuned to Baaghi TV for the latest news and updates.

1 Comment
  1. samir sardana says

    You are missing “The Corona Bonanza” for LDCs like Pakistan.The Opportunity is being missed out.

    Bonanza 1

    There will a temporary shock to the government fiscal revenues as Imports will crash,CIF rates of imports will also crash,domestic production has stopped (as tax on MRP less deductions is paid at the time of production and not sale),domestic MRP rates will also crash.That is Y the state has not passed the benefits of lower crude and palm rates to the people.dindooohindoo

    The Bonus is in non-salary expenditures of the state,which are on ARC (Annual Rate Contracts) or other RC.With crash in commodities and surplus capacities – Pakistan can easily make and re-negotiate its procurements.Large nations like Hindoosthan,will face disaster,as they will face supply risks,per se.W.r.t the purchases by the Pakistani state,the state can declare Force Majeure,especially on International contracts.

    There is no immorality in this,as the suuply and value chain of the suupliers to the state – will,in any case,declare Force Majeure – which will ensure that the suupliers will default on the government contracts.The supliers will make supplies at ARCs,only to the extent of the existing stocks,as at March 15th,2020.They cannot be allowed to supply,from new purchases at the old ARC rates.

    Global suppliers will be glad to dump their stocks – with depots in Pakistan – for sale to the Pakistani State.

    This could easily reduce the costs by 30-50%,on a one time and recurring basis.Once this Cost is saved,in phases,the benefit of oil price crash on fuels and edible oils and also power tarriffs and fertilisers,can be passed on to the public.That will be pure jannat.

    Bonanza 2

    The Only Solution to the supply chain risk in USA/EU (w.r.t their supply chains in PTRC) lies in massive robotics and AI – which will make humans obsolete in manufactuirng and also,in part,in IT.The question is,what to do with the humans.That is Y the virus is sought – Simple !

    For Pakistan – the crash in Raw Materials and cost of capital, availability of capital and crash in logistics costs will make manufacturing and exports viable.That makes existing unviable manufacturing units viable and jobs and decline in NPAs.No fresh capacities should be launched,solely based on the current cost structure.Crash in costs plus the low labour costs in Pakistan and stable PKR – is the Alt-AI and Robotics

    The Pakistani people should thank its prior leaders,that they made manufacturing unviable in Pakistan,and made it a trading nation. Had the state set up manufacturing units – they would be unviable,banks would be busted and there would have been mass skilled unemployment. Just look at Hindoosthan. dindooohindoo

    This is the time for setting up manufacturing units – SME and others.

    The military,food,telecom,technology and health secuirty of the USA and EU is in the hands of the PRC.These nations will be FORCED to move at least 10-20% of their supply chain,to other nations.They have no choice.

    Bonanza 3

    The SBP and the treasury of the private sector,should suck in the Corona rate cuts and packages in EU/Nippon/North East Asia and the USA – and restructure the entire FX loan portfolio,w.r.t tenor,spreads,risk premiums,swaps and hedges. One simple way,is by trade finance,which is based on underlying trade and other activties with those nations.

    Bonanza 4

    After doing 3 and 4 above,the state should invite bids to build and repair infrastructure on BOOT basis.The Cost of infra should reduce by at least 30%,supplemented with long term soft loans and grants.

    With viable manufacturing and exports,lower cost of debt – an already cheaper infra cost – will make infra financing and operations,all the more viable

    Bonanza 5

    To lock in the gains to the people and industry,the SBP and the State should lock in to NYMEX crude and futures,at current rates (on CBOT or with large funds etc.) – for as long as possible,with reasonable contangos or maximum backwardation.A large nation cannot do this – as it will move the premiums,in the derivatives market.

    The State should thereafter, lock in the oil and gas rates – and then affix power and fertilisr tarriffs, for the same tenor – with a priority for industrial zones – after meeting the consumer needs.Edible oil contracts can also be struck with large funds,in the USA/EU.

    This is also the time for the state to declare Force Majeuer on the ulra high cost RPP/IPPs.With reduced power demand,the entire power demand of Pakistan, can be met from fuel and coal plants,at less than half of the previous marginal cost. For several people, this power supply can be free of cost,as the Marginal cost of power on current fuel costs,should be around 1-2 Rupees (which is not worth collecting from marginal users).

    It is time to celebrate !

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