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Saturday, May 18, 2024

COVID-19 crisis: At least 22,000 Pakistanis jobless abroad

At least 22,000 Pakistani workers abroad have lost their jobs. Pakistan relies on their remittances to ease the balance of payment crisis. COVID-19 effects will be far-reaching, pushing millions of people into unemployment, underemployment and working poverty. There is a crucial need of measures for a decisive, co-ordinated and immediate response.

The economic crisis created by novel coronavirus has also affected Pakistanis working abroad as over 22,000 have lost their jobs.

According to media reports, the Interior Ministry’s report in which it has been confirmed that Pakistanis have become jobless in the United Arab Emirates (UAE), Saudi Arabia and other countries.

Earlier, Prime minister’s aide on overseas Pakistanis Syed Zulfiqar Abbas Bukhari, popularly known as Zulfi Bukhari, said 21,000 Pakistanis have lost their jobs in Arab countries due to COVID-19.

Zulfi Bukhari had said tension and anger will reduce only after 7,000 Pakistanis will return every week. He said the federal government will try to ensure the jobs of all those Pakistanis who have been sent back once situation gets better.

Read more: 1.25 billion workers may lose jobs due to virus crisis: Estimates UN

25 million jobs could be lost worldwide

The economic and labour crisis created by the COVID-19 pandemic could increase global unemployment by almost 25 million, according to a new assessment by the International Labour Organization (ILO).

However, if we see an internationally coordinated policy response, as happened in the global financial crisis of 2008/9, then the impact on global unemployment could be significantly lower.

The preliminary assessment note, COVID-19 and the world of work: Impacts and responses , calls for urgent, large-scale and coordinated measures across three pillars: protecting workers in the workplace, stimulating the economy and employment, and supporting jobs and incomes.

These measures include extending social protection, supporting employment retention (i.e. short-time work, paid leave, other subsidies), and financial and tax relief, including for micro, small and medium-sized enterprises. In addition, the note proposes fiscal and monetary policy measures, and lending and financial support for specific economic sectors.

Online Int’l News with additional input by GVS News Desk