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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

UFS provides an alternative route to a BEng degree
2014-06-04

Mr Louis Lagrange
Photo: Leonie Bolleurs

The university is very excited about the establishment of a new study field at Kovsies – a BSc degree with majors in Physics and Engineering subjects. The course is presented in the Faculty of Natural and Agricultural Sciences on the Bloemfontein Campus.

Project EnSci was established at the UFS at the beginning of 2014. Twelve first-years and four second-years enrolled for the course this year.

“We replace the non-core Physics subjects with Engineering subjects. We also present all specialist Engineering subjects ourselves,” says Louis Lagrange, project manager of Projec EnSci – Engineering Science.

“There isn’t enough space at universities in South Africa to accommodate all students who are interested in engineering. The UFS course can thus be considered a fundamental engineering course. It equips a student in such a way that they will be able to specialise in various disciplines,” he says.

After completion of the three-year BSc degree at the UFS, students may choose to:

• graduate with a BSc degree majoring in Physics and Engineering subjects and enter the professional world.
• study further for an honours, master’s or doctoral degree in Physics.
• apply to register for a second degree – BEng or BScEng (for two additional years) at another university recognising the BSc degree with majors in Physics and Engineering Science. Acceptance is subject to certain requirements.

Matriculants interested in this field, must follow the application procedure of the UFS before 30 September 2014 and achieve the following in the final NSC or equivalent examination:

• an AP score of 34 or more is strongly recommended,
• cumulative AP score of 13 or more in Mathematics and Physical Science,
• completion of NBT tests and
• language of instruction – 4 or more.

These prospective students also need to complete and submit an application form. For more information contact us at engineeringsubjects@ufs.ac.za


 

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