The impact of the covid-19 pandemic on the economies of the middle east

The COVID-19 corona virus pandemic has far-reaching consequences beyond the spread of the disease itself and the attempts of various countries to organize quarantine. In the mass media, the phenomenon of the impact of the disease on the life of the society and its consequences is increasingly referred to as the term “corona crisis”. The countries of the Middle East region have been hit by two major and mutually reinforcing shocks, which have led to a significant decline in economic growth projections for 2020. In addition to the severe damage to public health, the COVID-19 pandemic and the drop in oil prices are causing economic instability in the region. The impact has been particularly negative in vulnerable and conflict-affected States owing to the already serious humanitarian and refugee problems there, as well as the poor health infrastructure.