The COVID-19 pandemic is impacting businesses on a national and global scale. As governments introduced measures to contain the domestic spread of the virus, restrictions on trade have impeded the flow of goods and services and intensified global uncertainty. As a consequence, businesses, financial institutions, state agencies, associations, and other public and private enterprises need to find new ways to cope with the pandemic.
This series of country snapshots looks at the state of business operations in countries across the Middle East and Africa and how businesses are navigating the challenges wrought by the COVID-19 pandemic. The notes focus on three main areas: The financial health and resilience of the MSME sector in the country, the crisis response and future plans of businesses, and MSME support needed from governments and financial institutions.