
During the Covid-19 pandemic, the world is faced with certain crises in health, social, and economic sectors and can be judged as the worst crisis since the second World War. The impacts from the Covid-19 pandemic are all-encompassing and affecting all sectors of the World economy. According to the International Monetary Fund (IMF), by the end of June 2020, instead of increasing by 3%, World GDP will decrease by about 5%, the largest decrease since World War II.