أزمة كوفيد- 19 ودور الصناديق التنموية العربية في التعافي الاقتصادي و إرساء أسس مستدامة للنمو في الدول العربية

Abstract EN

The negative socio-economic repercussions of the Covid-19 pandemic have prompted developing countries, among them Arab countries, to seek funding from international and Arab development and financial institutions to address the large budget deficits caused by the pandemic.

This paper focused on the role that Arab development funds might play in mitigating the negative impacts of the crisis.

It was found that despite some initiatives undertaken by these funds, they were insufficient, especially when compared to international development and financial institutions that provided finance to many Arab countries that took into account the great challenges caused by the pandemic.

This research highlighted the new challenges exacerbated by the pandemic for Arab funds to play a greater role in supporting Arab countries.

It also made several recommendations, such as increasing the volume and value of grants and loans with more concessional terms, extending grace periods, easing debt burdens, creating new and diversified fast-disbursing financing mechanisms and tools, rapid response to crises, and providing new proactive and appropriate credit solutions to deal with future crises