Combating Coronavirus - Accessing Emergency Support in Times of Crisis

Combating Coronavirus – Accessing Emergency Support in Times of Crisis

Covid-19 is an unprecedented, and long-term situation. With almost every region in the world impacted, Zing is receiving more enquiries than ever about how to weather the storm. The good news is that we are here to help!

Governmental Impacts of Covid-19

Many nations survive on a tight budget or may have funding set aside for future infrastructure projects. These can include planning for:

New schools and hospitals
Improvements to travel networks and public transport
Rolling out new healthcare initiatives
Providing improved state support for vulnerable citizens

When a global pandemic hits, those reserves are swallowed up almost instantaneously. Given that Covid-19 looks set to be present for the foreseeable future, those initial recovery plans have now passed, and countries are looking to find ways to provide for the future. Some nations do not have any reserves to fall back on at all and find themselves in desperate need of financial aid to be able to survive the virus and provide urgent care for their people. For those who struggled with the initial impact, as we approach several months since the initial strains of the virus were identified, the situation has become increasingly severe.

The National Challenge of Covid-19

The financial impact of this new Coronavirus cannot be overstated. As health officials and governments scramble to react, every penny of available finance is directed to the effort. These costs include:

State support programs for businesses and families
Providing an urgent increase in hospital capacity and healthcare outreach schemes
Recruiting medical staff to help cope with the demand
Aid provisions including food, water and essential supplies
Securing PPE and protective equipment for front line workers
Introducing testing, contact tracing and treatment protocols
Supporting industry and commerce to avoid mass redundancies
Outreach support for people in crisis

For those nations without a pandemic contingency plan, and without any reserves to call on, the strain on national finances may not seem survivable.

What is Covid-19 Costing?

The cost of Covid-19 can be measured in many ways, with the most important being the tragic loss of life. For the most recent updates, please visit your official regional website; some sources of information and updates are as below:

We all have a long road of recovery ahead, in terms of our economies, education, healthcare and the return to normal life following extensive lockdowns and travel restrictions.

How Zing Can Help

As a governmental financial advisory team, Zing brings together the best in the world from market analysts, business strategists and investment specialists. Our unique collective of skills and networks allows us to work with governments and national bodies to source effective forms of financing to help ride out every challenge. We project manage every task from start to finish, and work with our clients long term to develop strategies and scalable actions to help build a stronger foundation. When a client works with Zing, they not only overcome their initial obstacles but also become better positioned to deal with whatever the future may bring.

What Does Zing Do?

Our primary service is in sourcing and channelling finances. With clients including state bodies, governments and countrywide service delivery partners, we think big. We specialise in international financing including the global capital market, cross-border trade, international investment and humanitarian aid financing. Our team can also assist with effective banking solutions, to make sure that people impacted by Covid-19 get the support they need, even in cash-centric countries without a mainstream banking structure. Give us a call today, talk to us about how your budgets have been impacted by Covid-19, and we will work together with you to find fast finances to get your country moving again.