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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

Kovsies well represented in Cheetah rugby team
2006-10-10

Champions support champions.  Sport stars from the University of the Free State (UFS) today pledged their support to the Cheetah team with their participation this weekend in the Currie Cup final.  From the left are:  Boy Soke (SA Cross Country Champion), Nicolaas le Roux (captain of the Shimla rugby team), prof Frederick Fourie (Rector and  Vice-Chancellor), Ben Rheeder (Shimla hooker) and Charlene Hertzog (Captain of the Protea team and the UFS first netball team).

Kovsies well represented in Cheetah rugby team

Altogether 10 current and former Kovsies will most likely be included in the Cheetah team of 22 players that will compete for a place in the team that will play against the Blue Bulls on Vodacom Park in Bloemfontein in the final game of the Currie Cup.

“The University of the Free State (UFS) is proud of its rugby players and sees this milestone as another example of our commitment to maintaining quality sports performances,” said Prof Frederick Fourie, Rector and Vice-Chancellor of the UFS.

Prof Fourie said the UFS will stand solidly behind the Cheetahs this weekend so that the Currie Cup can stay in the Free State.

“It is not every day that we can boast with such a high representation in a provincial team.  Each of these players has proven himself to be a true sportsman and some of them are also Springbok rugby players.  This makes the honour even greater for the UFS,” said Prof Fourie.

The current and former Kovsies are Ollie le Roux (captain and loose head prop), Wian du Preez (loose head prop), Richardt Strauss (hooker), Jannie du Plessis (tight  head prop), Noël Oelschig (scrumhalf), Michael Claassens (scrumhalf), Meyer Bosman (flyhalf), JW Jonker (center, back line), Philip Burger (flyhalf/back) and Jaco du Toit (hooker). 
“Last year we honored two former Kovsies for their contribution to the success of the Cheetah team.  Mr Naka Drotské, team manager of the Cheetahs, was appointed as  Kovsie of the Year and Mr Harold Verster, President of the Free State Rugby Union, received the Cum Laude Award,” said Prof Fourie.

Media release
Issued by: Lacea Loader
Media Representative
Tel:   (051) 401-2584
Cell:  083 645 2454
E-mail:  loaderl.stg@mail.uovs.ac.za
12 October 2006

 

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