In a statement to Tabadul, the economic analyst Ismail Al Mahishi confirmed that Coronavirus has universal international ramifications that affected the global economy, indicating that, so far, the research centres have not accessed a treatment for this epidemic.

“The drop in oil prices has negative economic fallouts that keep on increasing every day”. Al Mahishi said .

As far as the international and national markets are concerned, Al-Mahishi pointed out that some medical supplies, as well as materials made in China are out of stock.

The economic analyst highlighted the international market’s need for cleaning equipment and supplies apart from the urgent need of some medical disinfecting supplies.

“we are facing an economic disaster.” He stressed, adding that the situation is complicated and exceptional under the absence of a mechanism to deal with the spread of this virus.

While describing the situation in Libya, the expert claimed that the political division along with the oil blockade deepen the economic crisis. “Libya witnesses a phase of conflict and political division for more than 4 years (…) and the consequences of shutting oil production and exports,” he said.

He also considered that the two parties of the conflict do not pay much attention to the health situation in Libya, indicating that the state is surrounded by countries where the epidemic continues to spread.

Al Mahishi denied that there is a mechanism for monitoring borders or land outlets amid the high numbers of illegal migration, indicating that Libya remains threatened under the inability of setting up mechanisms for fighting the virus.