The COVID-19 health crisis added to the multidimensional crises in the Arab region and their manifestation in conflicts, wars, economic and social inequalities, and the increasing number of refugees and migrants. It could lead to severe repercussions at the economic, social, and political levels. According to an ESCWA preliminary estimate, the region will lose at least USD42 billion in 2020 due to the Corona pandemic. ESCWA also considered that the global spread of the virus and the growing impact of low oil prices could aggravate income losses. Unemployment is expected to increase by 1.2 percentage points, meaning the loss of around 1.7 million jobs. The Arab region registers some of the highest rates of inequality around the world, and informalemployment accounts for 50% of jobs. It also lacks universal social protection systems and is thus unable to protect workers and ensure their dignity during work stoppages.
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