There is no doubt that the Corona virus crisis affected all forms of life in the world, and the consequences of the health crisis are not hidden from anyone. Everyone follows the number of infections here and the number of deaths there and the numbers of those recovering .., but the economic crisis is at the forefront of the scene and occupies the minds of governments and individuals
And Dr. Abdul Rahman Taha, the economist, told Al-Masry Al-Youm site, saying:
"The effect of the Corona virus has resulted in affecting entire sectors such as the energy, tourism, export, manufacturing and transportation sectors, all of which are financial sectors that shake the economy of any country in the world, which negatively affects the global economy, stressing a decrease in the rate of global economic expansion, which positively affects the economy of countries Minority, as a result of its low import, to begin the process of industrialization and self-reliance, which leads to a lull in the global economic expansion and high rates of domestic industrialization in poor countries.
He pointed out that «the crisis will affect the global tourism significantly, but will lead to a recovery of domestic tourism, as a result of lower prices, as happens in Egypt with a decrease in foreign tourism from Russia and China, which Egypt depends heavily on, so prices will decrease, revitalize domestic tourism, and revitalize the protective sector Medical, as a result of raising people's awareness »
Perhaps this is what drives the private sector to find quick solutions to the crisis or ideas to deal with its repercussions, and these ideas include:
Emphasis on preventive measures to protect employees and clients and to try to adapt to work requirements and to take social separation advice
Develop a short-term business plan, to be adjustable with all possible changes
Attention to the necessities regarding the needs of the labor market, after studying the latest developments
And finally: keep calm as possible, so that you are ready to face challenges with appropriate ideas and decisions.
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