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Files
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Symbol
E/ESCWA/2020/Policy Brief.8
Title
The impact of COVID-19 on Arab financial systems
Access
Full text: 20-00190_pb8_eng_may14_mod_web - PDF ;
Summary
The combined impact of COVID-19 and a historic drop in oil prices has placed some Arab countries’ financial systems on the brink of collapse. The Arab region is experiencing an unprecedented drop in demand for equities and commodities, tightened financial conditions, higher risk premiums, and low banking sector resilience. This requires immediate measures by Arab Governments and central banks to sustain financial sector liquidity and facilitate necessary credit at any cost during the relief period tailgated by additional financial measures during recovery
Authors
Date
[Beirut] : UN ESCWA, 2020
Description
4 p. : ill., graphs
Notes
Available online (viewed 30 July 2020).