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If US had controlled Corona like Pakistan, it could have saved $10 trillion: Larry Summers

If US had controlled Corona like Pakistan, it could have saved $10 trillion: Larry Summers
October 19, 2020

NEW YORK (92 News) - The whole world has started to acknowledge Prime Minister Imran Khan's strategy against coronavirus (COVID-19) as former US finance minister and Harvard University head Larry Summers praised Pakistan's successful strategy against corona.

In a statement, Larry Summers has said that Pakistan's COVID-19 response is an example for world. "If the United States had handled pandemic as well as Pakistan, we would have saved around $10 trillion," the US economist said.

Following the World Health Organization (WHO), international media and Bill Gates, the former US finance minister is also praising Pakistan's successful strategy against the Corona epidemic. A leading US economist says the Corona epidemic has cost the US economy more than $16 trillion. The direct loss is $7.590 trillion and the health sector loss is more than $8.5 trillion.

Larry Summers advised the Trump administration to learn from Pakistan and said that $10 trillion could have been saved if the US had adopted at least a Pakistan-like strategy to control the Corona epidemic.

This is not the first time that Pakistan's strategy against the coronavirus has gained international acknowledged. Earlier, the World Health Organization, international media and Bill Gates have also praised the Pakistani government.

Earlier, the WHO and the World Economic Forum had also termed Pakistan s measures against Coronavirus as exemplary for the world. The World Economic Forum had said that the world should learn from Pakistan.