The World Bank calls on creditor countries to allow the poorest countries to suspend their debt payments

The world was swept by an acute economic crisis that was classified by many as more harmful than the global financial crisis, amid expectations of difficult, rapid, and continuing economic consequences in light of the paralysis of the largest economic systems in light of the outbreak of the new Corona virus, which forced all countries of the world to implement measures Harsh, including the closing of communities, the imposition of travel and curfews, and health isolation ...

which severely affected the global economy, and we must know that this epidemic not only leads to loss of life, as its impact on economies and living standards will likely continue after the end of the health emergency phase. He sees Some observers believe that with the help of international institutions, which have a major role in confronting the virus, this crisis can pass with minimal losses.

Through an analytical study of the United Nations Conference on Trade and Development (UNCTAD) announced that the shock caused by Corona will lead to stagnation in some countries and will reduce global annual growth this year to less than 2.5%, and in the worst scenarios we may see a deficit in global income of $ 2 trillion , And called on UNCTAD to develop coordinated policies to avoid a collapse in the global economy .