Islamabad: Federal Finance Minister Miftah Ismail on Saturday said that government would try its best to provide maximum relief to the poor of the country, adding that deserving families can avail the subsidies on petrol and diesel under the relief program announced by Prime Minister Shehbaz Sharif.

While sharing the details of Rs28 billion relief package, announced by Prime Minister Shahbaz Sharif, Minister for Finance and Revenue, Miftah Ismail said that the staff level agreement with International Monetary Fund would be signed next month (June).

The minister said that the funds under the Extended Fund Facility (EFF) would be released after final approval by the IMF board. The minister was flanked by Minister of State for Finance, Ayesha Ghous Pasha.

Miftah said that the fund, which had to provide $3 billion, has been requested to extend the program by one year and provide additional $2 billion, adding accordingly the country expects around $5 billion from the fund.

He said, that the programme with IMF was not important just because the country gets money from the fund rather, it is important because it opens ways for getting funds from other multilateral organization like Word Bank and Asian Development Bank.

He said, once unlocked by IMF, Pakistan would get money from multilateral organization adding that around $8.9 billion were already in pipeline from World Bank.

The minister justified increase in petrol prices, saying that no doubt it would increase inflation but if the increase had not been done, it would lead to more inflation as the burden would fall on the government and resultantly more devaluation of rupee.

He said, after increasing the prices of petrol, not only rupee was strengthened against Dollar by around 2.5 but stock market also moved positively adding that it would also have positive impact on banks, Kibor would also reduce and mitigate the liquidity pressure faced by government.

The minister said, the government intended to provide relief to the poor against the inflationary pressure which was created due to inability of the previous government.

He said the government would try its best to provide maximum relief to the poor of the country.

Giving details about the PM relief package, the minister said ‘Sasta Petrol and Sasta Diesel’ scheme would benefit around one third population of the country by providing cash to 14 million households (84,000,000 people).

Disbursement of Rs2,000 to each household would start from June, bringing the total relief amount to Rs28 billion in June.

He said around 7.3 million recipients were already registered with Benazir Income Support Program (BISP) and if these are excluded there are 6.7 poor households having below 37 poverty score.

He said, the BISP participants would be provided immediate relief or Rs2, 000 whereas women head of those households who are not registered should send their CNIC on phone number 786 for registration for the program. Accordingly, all the people having income less than 40,000 would be eligible for the relief.

He said, the relief scheme would be incorporated in the federal budget for the fiscal year 2022-23.

To a question on privatization, the minister said, there was no talk on privatization with IMF this time. However, he added, the country needed to privatize certain entities including Discos and power companies for its own interest to reduce burden on national exchequer.

He said that Saudi Arabia has already announced extension of its $3 billion deposits to Pakistan and hinted that some more support was expected from that country the details of which would be shared in July.

To a question on import ban, the minister said that ban was imposed on import of chocolates and perform in bulk, however personally anyone can get it for personal use

Stockholm: The number of confirmed cases of monkeypox worldwide has reached 219 outside of countries where it is endemic, according to an update released by the European Union’s disease agency.

More than a dozen countries where monkeypox is unusual, mostly in Europe, have reported at least one confirmed case, the European Centre for Disease Prevention and Control (ECDC) said in an epidemiological note released Wednesday night.

“This is the first time that chains of transmission are reported in Europe without known epidemiological links to West or Central Africa, where this disease is endemic,” the note said.

It added that most of the cases were detected in young men, self-identifying as men who have sex with men.

The United Kingdom – where monkeypox’s unusual appearance was first detected in early May – currently has the largest bulk of confirmed cases, 71.

It is followed by Spain with 51 cases and Portugal, 37.

Outside of Europe, Canada has 15 and the United States has nine.

The total number of cases reported Wednesday has increased fivefold since its first count on May 20, when the EU agency said there were 38 cases.

Contagion risk is “very low”, the ECDC said earlier this week, but warned that people who have had multiple sexual partners – regardless of sexual orientation – are more at risk.

“The clinical presentation is generally described to be mild,” it said, adding that there has been no deaths.

Monkeypox – a less severe disease compared to its cousin smallpox – is endemic in 11 countries in West and Central Africa.

It spreads by a bite or direct contact with an infected animal’s blood, meat or bodily fluids, and initial symptoms include a high fever before quickly developing into a rash.

People infected with it also get a chickenpox-like rash on their hands and face.

No treatment exists but the symptoms usually clear up after two to four weeks, and it is not usually fatal.

Maria Van Kerkhove, the emerging disease lead for the World Health Organization, said Monday that monkeypox is a “containable situation”.

SOURCE: AFP

Some prominent infectious disease experts are pushing for faster action from global health authorities to contain a growing monkeypox outbreak that has spread to at least 20 countries.

They are arguing that governments and the World Health Organization should not repeat the early missteps of the COVID-19 pandemic that delayed the detection of cases, helping the virus spread.

While monkeypox is not as transmissible or dangerous as COVID, these scientists say, there needs to be clearer guidance on how a person infected with monkeypox should isolate, more explicit advice on how to protect people who are at risk, and improved testing and contact tracing.

"If this becomes endemic (in more countries), we will have another nasty disease and many difficult decisions to take," said Isabelle Eckerle, a professor at the Geneva Centre for Emerging Viral Diseases in Switzerland.

The WHO is considering whether the outbreak should be assessed as a potential public health emergency of international concern (PHEIC), an official told Reuters. A WHO determination that an outbreak constitutes a global health emergency - as it did with COVID or Ebola - would help accelerate research and funding to contain a disease.

"It is always under consideration, but no emergency committee as yet (on monkeypox)," Mike Ryan, director of the WHO's health emergencies programme, said on the sidelines of the agency's annual meeting in Geneva.

However, experts say it is unlikely the WHO would reach such a conclusion soon, because monkeypox is a known threat the world has tools to fight. Discussing whether to set up an emergency committee, the body that recommends declaring a PHEIC, is just part of the agency's routine response, WHO officials said.

Eckerle called for the WHO to encourage countries to put more coordinated and stringent isolation measures in place even without an emergency declaration. She worries that talk of the virus being mild, as well as the availability of vaccines and treatments in some countries, "potentially leads to lazy behaviour from public health authorities."

NOT THE SAME AS COVID

More than 300 suspected and confirmed cases of monkeypox, a usually mild illness that spreads through close contact, causing flu-like symptoms and a distinctive rash, have been reported this month.

Most have been in Europe rather than in the Central and West African countries where the virus is endemic. No deaths have been reported in the current outbreak.

However, global health officials have expressed alarm over the growing outbreak in non-endemic countries. The WHO has said it expects numbers to rise as surveillance increases.

Angela Rasmussen, a virologist at the University of Saskatchewan in Canada, wrote on Twitter that monkeypox was different to SARS-CoV-2, the novel coronavirus, but "we are making some of the same mistakes with regard to responding decisively with the tools at hand."

On Friday, the WHO reiterated that the monkeypox virus is containable with measures including the quick detection and isolation of cases and contact tracing.

People who are infected - and in some cases their close contacts - are advised to isolate for 21 days, but it is not clear to what extent people would adhere to such a long time away from work or other commitments. The lab capacity to test for monkeypox is also not yet widely established, said Eckerle, meaning rapid diagnosis can be difficult.

Mass vaccination is not considered necessary but some countries, including Britain and France, are offering vaccines to healthcare workers and close contacts. read more

Other experts say the current response is proportionate and that deeming monkeypox a global health emergency and declaring a PHEIC would be inappropriate at this stage.

"This is reserved for threats with the highest level of risk based on infectivity, severity and international risk of escalation," said Dale Fisher, chair of the Global Outbreak Alert and Response Network (GOARN) and a professor of medicine in Singapore.

Beyond labels, experts said the most important lesson of the last two years is that preventing pandemics once they have started spreading is too late.

"It is always disappointing when the world wakes up to a new disease only when it hits high-income countries," said Piero Olliaro, a professor of poverty-related infectious diseases at Oxford University and monkeypox expert.

To prepare for pandemics, "you have to do that where the diseases are now," he said.

SOURCE: REUTERS