2020, grim economic and social estimates, the loss of 25.5 million jobs in the world, and American losses that could reach $ 3.4 trillion.

United Nations Secretary-General Antonio Guterres launched a video technology today, Tuesday, announcing a new UN plan to address the potentially devastating social and economic impacts of the Covid-19 epidemic, calling on everyone to “work together to reduce its impact on people”.
The Secretary-General said that this new coronavirus affects societies in essence, and kills the lives of people and affects their livelihoods, noting that the potential long-term effects on the global economy and countries will be disastrous.
In his new report, entitled “Shared Responsibility and Global Solidarity: Responding to the Socio-Economic Effects of Covid-19,” the United Nations Secretary-General called on all to work together to address this impact and reduce the shocks to which people are exposed.
The report describes the speed and magnitude of the outbreak, the severity of cases, and the societal and economic turmoil of its outbreak, which has so far claimed more than 33,000 lives and injured more than 700,000 more in 204 countries, regions and territories.
The Secretary-General added: “Covid-19 is the greatest test we have faced together since the formation of the United Nations. This humanitarian crisis requires the world’s leading economies to take comprehensive, innovative, decisive and highly coordinated political action, and a maximum of financial and technical support to help people and the poorest and most vulnerable countries. ”
The report came after the International Monetary Fund announced that the world entered into a recession that may be worse than what occurred in 2008, calling for a wide-ranging, coordinated, and comprehensive multilateral response reaching at least 10% of global GDP.
2020: dark economic and social estimates
The report included estimates from a group of United Nations agencies. According to the International Labor Organization, the world will lose about 5-25 million jobs, the United States will lose $ 860 billion to $ 3.4 trillion in work income, and the UN report called for a broad, coordinated, and comprehensive response across the globe to at least 10% of GDP Global.
The United Nations Conference on Trade and Development (UNCTAD) expected a 30-40% downward pressure on global FDI flows. While the World Tourism Organization (UNWTO) reported a decrease of 20-30% in the number of international arrivals.
On the other hand, the International Telecommunication Union expected that 3.6 billion people will be disconnected from the Internet, and UNESCO expects 1.5 billion students to drop out of schools.
The developed countries should help the less developed countries
It is worth noting that Mr. Guterres, Secretary-General of the United Nations, extended an invitation to the international community in which he called for the need for an immediate coordinated health response to suppress transmission and end the epidemic, which increases the health capacity for testing, tracking, quarantine and treatment, while maintaining the safety of respondents on the front lines, along with measures to restrict Movement and contact. ”
He stressed that the developed countries should help those less developed, otherwise they would have to face “the nightmare of a widespread disease such as forest fires in the south of the world with millions of deaths and the possibility of its re-emergence in the areas that were declared deserted.”
Focus on the most vulnerable
In order to address the social and economic dimensions of the crisis, he urged the United Nations Secretary-General to focus on the most vulnerable groups by designing policies that support them, among other things, providing health insurance, unemployment insurance and social protection while also supporting companies to prevent bankruptcies and job losses.
The Secretary-General said that debt relief should also be a priority, noting that the United Nations is “fully” mobilizing and establishing a new multi-partner trust fund to respond to emergencies and recover from the socio-economic shock of Covid-19.
Referring to the 2030 Agenda for Sustainable Development and its seventeen goals, the Secretary-General emphasized that recovery from the Covid 19 crisis must lead to an economy focused on building inclusive and sustainable economies that are more resilient to epidemics, climate change and many global challenges.
The Secretary-General stressed that “what the world needs now is solidarity, and reiterated its solidarity, saying:” With solidarity, “we can defeat the virus and build a better world.”
At the conclusion of a conference broadcast on the Internet, Mr. Guterres described the epidemic of Kurna as “a defining moment in the modern era,” saying that “history will judge the effectiveness of the response, not through unilateral actions, but according to the degree to which the response is globally coordinated across all Sectors for the benefit of our human family. ”
The Secretary-General concluded that “with the right actions, Covid-19 could mark the beginning of a new type of global and community cooperation.”