This survey was prepared, analyzed and formulated by Bensirri Public Relations, an independent Kuwaiti consulting firm specializing in media and corporate communication based in Kuwait. Data was collected during the period from April 24 to April 28 of the year 2020, and the report was issued on May 12, 2020.
New guidance report from the International Labor Organization Lockdown and containment measures risk increasing relative poverty levels among workers in the informal economy by up to 56 percentage points in low-income countries, 52 points in high-income countries, and 21 points in upper-middle-income countries.
Just as the Corona virus spreads human suffering throughout the world, it also spreads economic suffering. It is not only a medically contagious virus, but it is economically contagious as well. On March 4, 2020, the European Commission said that Italy and France were at risk of sliding into recession. The International Monetary Fund said it believes that the global economy is heading down “more dangerous” paths.