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28 January 2021 | Story Dr Nitha Ramnath | Photo Sonia Small
Prof Phillippe Burger.

The COVID-19 pandemic has disrupted the entire world, claiming more than two million lives and sparing no region. The world is confronted with urgent unsolved challenges, with the poor and vulnerable populations, low-skilled workers, and refugees most affected. 

These challenges will be addressed by the Lancet COVID-19 Commission and its various task forces, one of which is the Fiscal Policy and Financial Markets task force. Prof Philippe Burger, Professor of Economics and Pro-Vice-Chancellor: Poverty, Inequality and Economic Development at the University of the Free State, serves as a member of the commission’s Fiscal Policy and Financial Markets task force. The eleven members of the task force include two Nobel prize laureates in economics, as well as academics and public-policy specialists from across the world, under the co-chairpersonship of Dr Vitor Gaspar (Director of the Department of Fiscal Affairs at the IMF) and Prof Felipe Larraín (Professor of Economics, Pontifical Catholic University of Chile and former Minister of Finance of Chile).

The commission is an interdisciplinary initiative across the health sciences, business, finance, and public policy, and was created to help speed up global, equitable, and lasting solutions to the pandemic. The work of the commission is divided into 12 task forces, each composed of members from diverse disciplinary interests, geographies, and identities. These task forces provide support in areas ranging from vaccine development to humanitarian relief strategies, to safe workplaces, to global economic recovery. 

Key aims of the commission is to speed up awareness and the worldwide adoption of strategies to suppress transmission, as well as to ensure that COVID-19 vaccines and key technologies are equitably accessible across the world.

The Fiscal Policy and Financial Markets task force will consider fiscal and financial issues related to the pandemic affecting advanced, emerging market, and developing economies. Based on evidence and best practices, the task force will provide recommendations on managing the effects of the pandemic and will also manage the transition to a resilient, smart, inclusive, and green growth path. Issues related to fiscal sustainability as well as debt relief in poor countries are on the task team’s agenda.

Many multilateral institutions such as the WHO, the IMF, the World Bank, the Food and Agricultural Organisation of the UN, the UN World Food Programme, the UN Educational, Scientific and Cultural Organisation, the Organisation for Economic Co-operation and Development, and others face profound challenges in undertaking their crucial missions to coordinate the global response to the pandemic. The Lancet COVID-19 Commission also aims to make recommendations to strengthen the efficacy of these critical institutions. Moreover, the commission reaches out to regional groupings, including the African Union, the Association of Southeast Asian Nations (ASEAN), the Southern Common Market (MERCOSUR), and others, to support the efforts of these bodies in fighting the pandemic. 

The Lancet COVID-19 Commission and its task teams include leaders in health science and healthcare delivery, business, politics, and finance from across the world. They volunteer to serve in their individual capacities – not as formal representatives of their home institutions – and will work together towards a shared and comprehensive outlook on how to stop the pandemic and how best to promote an equitable and sustainable recovery. 

News Archive

Right to Learn cyclists still solid on the pedals
2017-11-29


  Description: Right to Learn cyclists Tags: UFS Right to Learn, Given and Gain, Cape Town, Prof Nicky Morgan, Asive Dlanjwa, students, cycling, Qwaqwa, Bloemfontein

Asive Dlanjwa, Bloemfontein Campus SRC President, on the
morning of their departure from Bloemfontein.
Photo: Nhlanhla Modzanane


It is a new day and the Right to Learn cycling team continues to make its way to Cape Town.The team arrived at their first stop in Luckhoff on day one, after cycling for 182 kilometres in five hours and five minutes. They left Luckhoff at 05:00 in the morning on day two, heading towards Britstown via De Aar and arrived at midday. On day three, the team will rest in Britstown and will continue cycling on day four, 30 November 2017, to Victoria West for 133 kilometres via Merriman.

Looking forward to another day
Asive Dlanjwa, Bloemfontein Campus SRC President, felt confident about day two despite the strong winds that they experienced along the way. “I’m feeling strong, I actually thought after day one that I’ll be feeling a bit weak, but I just don’t know how we are going to make it in this wind,” he says. Dlanjwa and his fellow cyclists cycled for 213 kilometres to Britstown, where they ended their race for day two. 

Kovsies fully behind cycling team

The tour began on 27 November 2017 in Bloemfontein, when they were sent off by Prof Nicky Morgan, former Vice-Rector: Operations, Pura Mgolombane, Dean of Student Affairs, and their Kovsie peers. Prof Morgan encouraged the team to have a wonderful and enjoyable journey, acknowledging that the journey will not be an easy one. “I want you to know that you have the support of everyone here at the UFS,” he said.
 
Messages of support continue to pour in for the team on the UFS social media platforms. The Qwaqwa Campus SRC President, Hlalele Masopha, also sent his best wishes to his mate, saying, “I wish the President with his crew a quantity of good fortune and extremely good success.” He says, “This is for the betterment of the students and the institution.”  

There have been no reports of any injuries or medical defects incurred by the cyclists nor the supporting team who are travelling with them. The team is expected to arrive in Cape Town on 4 December 2017.  

You can make a donation as follows: 

Give-n-gain page

 

EFT transaction:
Please use the following bank details:
Bank: ABSA Bank
Account Number: 1570850721
Branch Code: 632005
Account Type: Cheque
Reference: R2L: Right to Learn
Send the proof of payment Rinda Duraan: duraanmj@ufs.ac.za

Debit order: Download the form and email it to Rinda Duraan

All donations are tax deductible in terms of South African income tax legislation.  


Related article:

27 November: Kovsies SRC President cycles to raise money for registration


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