A few post earlier, I wrote on pandemic bond due to COVID-19. Now that the focus is on the economic recovery, we have to evaluate the effectiveness of issuing bond to keep the engine of economy running. The first pandemik bond was created in 2016 due to Ebola crisis in West Africa in 2016. The bond was launched in 2017. It was hailed as a great innovation. However, the COVID-19 pandemic bond revealed its weaknesses. But let us learn the lesson and improve. Especially so in the case of Sukuk PRIHATIN. We need to balance between raising financial assistance and preparing for the future. Prevent debt deluge. Another article discussing the lessons from COVID-19 bond and the fine-tuning necessary since the outbreak. I am in the process of writing a case study on Sukuk PRIHATIN and COVID-19. This article helps a lot.
Pic. The Scenario.
Pic. Pandemic Bond
Pic. Fixing Pandemic Bond. Where is Riyal?
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