Post Covid 19 and SMEs, What Support will be Needed

Because of the Coronavirus pandemic, medium and small companies have been affected by many damages from the economy side from several aspects, the most prominent of which is from the supply and demand side. First, let us speak from the supply side, as companies are experiencing suffering from workers, as workers are affected due to business interruption and stoppage due to the pandemic and thus they occupy the care of their families and children because of The suspension of schools that used to employ children On the other hand, the Corona pandemic affected the use of goods due to the closure and quarantine that caused a decrease in the production of goods in general.

Secondly, on the demand side, the Coronavirus pandemic has also greatly affected the demand, especially for medium and small companies, due to the forced cessation of business due to people's fear of contracting this virus, and therefore we are witnessing a great crisis as these companies were forced to lay off many workers due to the inability to pay their salaries due to the lack of income for these companies Consequently, workers are very afraid to continue their lives that have become threatening and to think about where they can provide their daily needs, not only them, but also companies. Their situation is not good because of the stopping demand for their goods.

From my personal point of view it is that governments should intervene immediately to help companies and workers and to search for solutions to reduce these problems, which I believe are a major duty of the government. The government must fully support and support, otherwise, medium and small companies will be unable to stand again and this is the most difficult conclusion that Have a breakdown for them.