Economy of Arab countries to fall by 5.7 percent by Corona: United Nations

[caption id="" align="alignnone" width="500"]United nation file photo, united nation file image Wide view of the General Assembly Hall. UN Photo/Manuel Elias[/caption]

The corona epidemic will cause a major setback to the Arab countries' economy. A report released by the United Nations on Thursday said that due to the epidemic, the economy of Arab countries will decline by 5.7 percent this year.

Apart from this, millions of people will go into poverty and the situation of people already troubled by armed struggle will get worse. The United Nations Economic and Social Commission on West Asia says that the economy of some countries in the Arab region will decline by 13 percent.

This will cause a total loss of $ 152 billion to the region. The report said that this would put 1.43 crore more people in poverty. And the number of poor in Arab countries will increase to 115 million, which is 25 percent of the total population of the region.

Even before the Covid-19 crisis, about 5.5 crore Arabs were living on human rights assistance. Of these, 26 million people have been forcibly rendered homeless. Arab countries had taken rapid steps to control this epidemic.

In March itself, these countries issued orders to stay at home. The trip was banned. The religious programs were stopped and the gathering of people in the group was banned. According to the United Nations, more than 8,30,000 cases of covid-19 infection have been reported in Arab countries.

So far, 14,717 people have died due to this epidemic in these countries. The rate of infection in Arab countries is 1.9 per 1,000 people. While the death rate is 17.6 per 1,000, it is much lower than the global mortality rate of 42.6.