What support we do need to confront this virus
My feedback after watching the video about covid 19 his economic damage. And what support we do need to confront this virus
Small and medium-sized enterprises play a leading role in most economies, particularly in developing countries, represent the majority of businesses worldwide and make important contributions to job creation and global economic development. There were several examples of different frontline countries like South Africa and Ukraine, as well as Vietnam. Covid-19 has had a significant negative impact on those countries, causing huge losses, both human and financial, to degenerate the national economy by reducing productivity and causing major losses to middle and small businesses that have increased unemployment, reduced citizens' purchasing power and lost millions of jobs. The first steps taken by these countries to cope with the epidemic were to support small and medium-sized enterprises at the heart of the global economy, improve individual and enterprise productivity, impose a series of restrictions, provide a relief package, and launch initiatives to support small businesses and help them recover through budget support ،Also a interest-rate loan would replace the rate of interest ,and These countries deepen partnerships with other countries to make up for the shortage of health supplies
BY \ HASAN MOHAMMED AHMED ALKAF
ID \ 01220041