The year 2020 marks the 75th Anniversary of the United Nations as well as the beginning of the final 10 years to achieve the Sustainable Development Goals (SDGs) as part of the wider 2030 Agenda. The Secretary-General, UN leadership and various Member States have been highlighting the importance of the 75th Anniversary as the opportunity to address challenges to global governance and reinvigorate the UN System with what is needed to deliver meaningful change to people’s lives worldwide.

At the upcoming triennial review of the list of 47 Least Developed Countries (LDCs), as defined by the United Nations, scheduled on 22-26 February 2021, five countries will be reviewed and recommended for graduation from the LDC category if they continue to meet a set of criteria.

These are: Bangladesh, Lao PDR, Myanmar, Nepal and Timor-Leste.

Across the UN development system, Member States, the UN Secretariat and UN leadership are exploring the profound socio-economic impacts of COVID-19 and what macroeconomic policy changes are needed to “build back better”. From UN-led programme activity responses to COVID-19 to needed policy responses both by the Financing for Development process and Member State-led initiatives, there are several opportunities to monitor these developments in the coming weeks.

“The UNDS is better positioned and ready to accompany countries as they seek to respond to the COVID-19 pandemic and accelerate SDG implementation. The reinvigorated Resident Coordinator system is now firmly in place ensuring stronger and independent leadership of the UNDS at country level. A new generation of UN Country Teams, more cohesive and responsive to national needs and priorities, is taking shape. Solid foundations have been built to nurture a culture of results and learning; and to improve efficiencies in business operations. Challenges remain however and continued effort is needed to ensure further consolidation through ongoing leadership from all involved, sustained funding of the RC system, strengthened capacity on system-wide evaluations; and improved implementation of the funding compact.”

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 informal employment 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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