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.

Paid Sick Leave a Crucial Weapon During COVID-19 Era and BeyondGlobal study shows that gaps in coverage for ailing workers put nations’ health and economic security at risk

At a time when the world’s attention is focused on curbing the spread of infectious disease, new research by the UCLA WORLD Policy Analysis Center shows that strengthening guarantees of paid sick leave is crucial to protecting health and economic security around the globe.

The Coronavirus Global Response pledging event on 4 May celebrated raising 7.4 billion euro for the collaborative development of vaccines, treatment and diagnostics, but there is lack of clarity on ensuring equitable access and the role of the World Health Organization (WHO).

The European Commission pledged 1.4 billion euro, while other leading contributors included France (510 million euro), Germany (525 million), Japan (762 million), Spain (125 million), Canada (551 million), Norway (188 million), UK (441 million) and Italy (71.5 million). The USA was conspicuously absent.

The 2020 High Level Political Forum (HLPF) is scheduled to review the implementation of the 2030 Agenda for Sustainable Development and progress towards the SDGs on 7- 16 July 2020. The United Nations Department of Economic and Social Affairs (DESA) has released a provisional programme and concept note for the 2020 HLPF. DESA has also announced new modalities for virtual side events and exhibitions:

The International Labour Organization (ILO) issued a COVID-19 monitor on the world of work in light of the global coronavirus on 29 April. This was accompanied by a press release specifically focusing on informal work. It reports that: “1.6 billion workers in the informal economy – that is nearly half of the global workforce – stand in immediate danger of having their livelihoods destroyed” due to COVID-19.