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To have a balanced reporting on Covid i decided to open up this topic separately.
In my opinion Covid is not a major concern. Let's look at the statistics of people infected and recovered and discharged from hospitals. Around 20,000 infected & 15,000 recovered and discharged (figures are approximate) & around 5000 undergoing treatment. The death toll is little over 100 taking into consideration the severity of the second wave. Irrespective of politics its a challenge to carry on with the normal activities and at the same time to keep the pandemic under control. The relevant authorities have done their utmost and have maintained an enviable record, which all Sri lankans can be proud of. To my knowledge there aren't any on ventilators like in US, Europe and even in our neighbouring India.
Even among the dead the majority were suffering from other illnesses like NCDs and mostly elderly. Furthermore, Covid is something which cannot be eradicated until a vaccine is found, it could only be kept under control with people strictly complying with the health authority guidelines and taking the appropriate medications to keep NCDs under control and follow good hygiene. Creating more awareness about NCDs could save money to be spent on PCR tests.
Investors are no fools anymore to resort to selling on Covid fear. As i have stated earlier some expected the situation to worsen to see the market fall to levels that prevailed soon after the first outbreak but it did not happen and by all probabilities is not going to happen. Attempts to instill fear of covid is not convincing at all.
Let's not politicize the pandemic for petty gains. Its a waste of time!
In my opinion Covid is not a major concern. Let's look at the statistics of people infected and recovered and discharged from hospitals. Around 20,000 infected & 15,000 recovered and discharged (figures are approximate) & around 5000 undergoing treatment. The death toll is little over 100 taking into consideration the severity of the second wave. Irrespective of politics its a challenge to carry on with the normal activities and at the same time to keep the pandemic under control. The relevant authorities have done their utmost and have maintained an enviable record, which all Sri lankans can be proud of. To my knowledge there aren't any on ventilators like in US, Europe and even in our neighbouring India.
Even among the dead the majority were suffering from other illnesses like NCDs and mostly elderly. Furthermore, Covid is something which cannot be eradicated until a vaccine is found, it could only be kept under control with people strictly complying with the health authority guidelines and taking the appropriate medications to keep NCDs under control and follow good hygiene. Creating more awareness about NCDs could save money to be spent on PCR tests.
Investors are no fools anymore to resort to selling on Covid fear. As i have stated earlier some expected the situation to worsen to see the market fall to levels that prevailed soon after the first outbreak but it did not happen and by all probabilities is not going to happen. Attempts to instill fear of covid is not convincing at all.
Let's not politicize the pandemic for petty gains. Its a waste of time!
