Navigation Links
All Set To Face the Avian Flu?

The International Monetary Fund (IMF) said that there would be a significant damage to all those country’s economy that had not set aside a plan of action against the avian flu. //

The IMF is a leading global financial watchdog. It said that a pandemic would trigger sharp fall in the price of various commodities, tourism and trade would recede and lead to boycotting of work.

The virus is already being detected in domestic fowl in various countries. The IMF said that the business continuity planning will play a very critical component in preventing a crisis in the financial sector.

But not many countries have thought about it. This is due to the reason that avian flu pandemic may appear to be a low-probability event. But countries that had a first hand experience with the disease such as SARS, and those with large, complex financial systems such as the UK are all well-prepared.

The IMF staff are in the process of discussions with central banks, regulators and financial institutions to find out how prepared they were. World Bank, the sister organization to the IMF estimated that a pandemic would result in a loss of about $800bn.

This would also affect transport, payment systems and public utilities and result in risk of bankruptcy. Above all there would be more of a demand and a block in the investments.

All this would have a very bad economic impact resulting in an increase in the pressure on the government’s finances. The government would end up spending on health, public safety and social welfare and its tax revenues would begin to dry up. It urged central banks to ensure there was adequate supply of cash in the economy. Once the pandemic was over the economic activity should recover relatively quickly.


'"/>




Page: 1

Related medicine news :

1. Chances are high for Avian Influenza virus altering its form
2. Influenza Avian Flu strain has become more contagious and dangerous.
3. Experts Recommend Preventive Measures For Avian Flu To Begin From Farms
4. A Vaccine for the impending pandemic Avian Influenza
5. Indian Government Sets Up Task Force For Avian flu
6. India Has No Case Of Avian Flu Says Health Minister
7. Avian flu-free India Considers Importing Vaccine
8. Rajasthan Gears Up To Fight Against Avian Flu
9. Avian Influenza: Government to set up expert committee
10. Avian flu scare in Malawi too!!
11. WHO Says Travelers Could Spread Avian Flu in NZ
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:7/20/2017)... ... July 20, 2017 , ... TransPixel Volume 2 is a set of transitions ... timeline. This effect isolates horizontal and vertical lines of pixels and sorts their pixels ... or flipping animation and can be changed using a drop-down menu. Create amazing and ...
(Date:7/20/2017)... , ... July 20, 2017 , ... ... blood and bone marrow cancer that progresses rapidly without treatment. Newly diagnosed patients ... reduce the chance of reoccurrence and relapse. With such a challenging diagnosis ...
(Date:7/20/2017)... Texas (PRWEB) , ... July 20, 2017 , ... ... litigation law firm headquartered in Houston, is pleased to announce their expansion to ... of affordable housing experience, directors Alysse Hollis and Ronald Bell, and of counsels, ...
(Date:7/20/2017)... ... 20, 2017 , ... Remote Medical Technologies (RMT) is announcing ... with each system installation. RMT’s iMedHD2™ Telepathology and Teleultrasound ... and immediate decision-making requirements. While never sharing IP addresses, RMT has made ...
(Date:7/20/2017)... ... July 20, 2017 , ... Doctors on Liens, the leading network of medical ... , directed by Dr. Russell Horine, DC to their exclusive list of medical professionals. ... Russell Horine serving as the clinic director and his son Dr. Lee Horine and ...
Breaking Medicine News(10 mins):
(Date:7/11/2017)... Ill. , July 11, 2017  Sysmex ... and urinalysis diagnostic testing equipment as well as ... innovation: a way to make quality assurance easier ... processes. "Sysmex is well known for the innovation ... Quality Monitor elevates quality assurance processes to ...
(Date:7/10/2017)... COLUMBIA, S.C. , July 10, 2017 /PRNewswire/ ... product purchasing and patient support services organization serving ... announced today the launch of four significant, value-added ... into market insights, better manage reimbursement and improve ... Ig and factor therapies. ...
(Date:7/5/2017)... July 5, 2017 Oramed Pharmaceuticals ... ), a clinical-stage pharmaceutical company focused on the ... has received approval from the Israel Securities Authority to dual-list ... Oramed common stock will commence trading on the TASE on ... current market capitalization of the Company, it is expected that ...
Breaking Medicine Technology: