Imran Khan’s gamble: Is ending the lockdown the right move?


It is a miracle that Pakistan has so far escaped the worst of the coronavirus crisis

Perhaps this will remain true and even with a callously enforced lockdown and a broken healthcare system, we will not suffer the same fate as the United States and Europe

But as the coronavirus situation in the country worsens with every passing day, it is more probable that the worst is yet to come

In recent days, hopes for flattening the curve have evaporated as the rate of infections has risen exponentially

In that event, more unfortunate suffering and loss of life is assured

A continued and well-enforced lockdown over the next month, even with rising infections, may have staved off our most extreme fears

The experiences of other countries have shown that a lockdown, no matter how painful, coupled with expanded testing is the only way to halt the spread of the virus and minimise the damage it causes

Unfortunately, Pakistan has chosen to forego this route and Prime Minister Khan’s decision makes our impending reality look much grimmer

As ‘normal’ life is restored over the next few weeks, it is inevitable that the virus will spread much faster and wider and the consequences will be much worse, and much more long term

Perhaps the prime minister has accepted the reality that people will have to die if he is to save Pakistan’s economy and his own political career

What he and his advisors have perhaps not had the foresight to see is that his panacea may very well turn out to be disastrous for the economy and the cause of more acute suffering for the country’s poor

If the prime minister thinks that he can get away with ignoring the flood of rising infections and deaths that his quest to reopen will yield, he is sorely mistaken

When the coronavirus crisis gets worse, the pressure will inevitably build from all quarters for a response

A new lockdown will be ordered, either by the prime minister or by the establishment, and this one will be far longer and far more painful than the current one

At 25, 000 infections, it may very well take a month or two more to flatten the curve

At 250,000 infections, combined with our non-existent testing and poorly managed contact tracing, it might take half a year or longer

In that case, the present lockdown is just a teaser for what may come

Millions will find themselves jobless, savings will evaporate, businesses will collapse, and the economy will be in ruins

Long term travel restrictions to and from Pakistan will mean trade and remittances will come to a halt

Most importantly, those at the very bottom of the socioeconomic ladders of Pakistani society will suffer the most

This is the large segment of our population without a safety net and without any savings or assets to fall back on

Ultimately, this kind of economic ruin and suffering will mean more government spending and consequently, rising national debt

Healthcare, already grossly underfunded, will require major funding to care for even a fraction of the patients

The welfare net, currently woefully inadequate, will need to be expanded so it can cover just a small number of the rising dependents

And when the crisis is finally over, businesses will need loans to kick-start the economy

All this requires more money than the government has and will inevitably result in the kind of borrowing that will further push us into a vicious debt trap

Understandably, extending the lockdown at the present juncture would have been a difficult thing for the government to do

Done well, it requires not just enforcing an increasingly unpopular lockdown but also doubling efforts to care for the ever-increasing masses on the brink of poverty and hunger

This, the government has proven, is a job it is unfit to carry out

And so, the easy path was chosen

Unfortunately, by taking this easier path and reopening the country, the government may have condemned Pakistan and its most destitute to an even worse fate

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Date:09-May-2020 Reference:View Original Link