Question

The COVID-19 has caused adverse economic and health impact in many countries.

Discuss how the affected countries are managing the situation in terms of the following :

1.1 Cost effective health interventions including new policies

1.2 Financing of the above interventions within the budgetary system

Answer 1

1) cost effective health intervention:

Changing public and private building into quarantine centers like school, hotels/motel etc. ,Provide personal protection equipment at government hospital like face mask gloves and distribution of them, cut salary of government employees for funding , providing supporting medicine at cheaper cost or free of cost,

Indirect measure of health care:

New policies of lockdown and social distancing, challan for violation of rule of lock down etc

-covid 19 cess for funding,

2) government fiscal stimulus package to increase spending on health and food security for vulnerable groups of society. Thus this package can boost demand in the economy and can come out from recession gap.