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With the losses suffered by the global economy due to shutdowns in many sectors due to the Coronavirus (Covid 19) outbreak, the United Nations has warned of the economic impact of the Corona epidemic on the Arab world, claiming that it would push more than 14 million people into poverty.
A United Nations report estimates that 17 million jobs have been lost in recent months.
According to the report, the economy of some countries will shrink by as much as 13%, while losses in the region will exceed $ 150 billion.
The report also says that efforts to deal with the pandemic will create opportunities to tackle long-standing issues, such as gender inequality.
“The Arab region, with an estimated population of 436 million people, kept early infection and death rates below the global average, but recent developments are alarming.”
The report says the impact of the epidemic is likely to be deep and spread over time.
The report expects the region’s economy to contract by at least 5.7 percent.
Rola Dashti, executive secretary of the United Nations Economic and Social Commission for Western Asia, told reporters that “solidarity is a key element in resolving and limiting the impact of (Covid 19)”.
She indicated that this solidarity must be expressed within each country as well as between Arab countries.
The report states that “there is a need to provide economic and social support to individuals and families, and (also) to establish regional solidarity funds”.
The report added that countries should “reduce inequalities of opportunity through public investments in health, education, social security and technology.”
The epidemic has killed nearly 640,000 people worldwide since the end of December, according to an AFP count. India has passed the 30,000 death mark as a result of “Covid 19”, becoming the sixth country in the world most affected by this epidemic. And the Indian authorities felt that this figure did not reflect the actual number of victims. Yesterday, tests showed that around 1.3 million Indians were infected with the virus.
In addition, the high number of “Covid 19” cases in Europe has raised the concern of the European branch of the World Health Organization, and the latter called on countries on the continent to “remain responsive” and to ” take more stringent measures “if necessary.
On the American continent, Mexico (130 million inhabitants), the fourth most affected country in the world by the epidemic, recorded a record number of injuries in 24 hours, that is 8,438. Colombia recorded an unprecedented number deaths, or 315 in 24 hours. And this country of 50 million inhabitants has recorded 7,688 deaths due to “Covid 19”.
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