Country: Russian Federation

Committee: United Nations Development Programme

Agenda: Discussing the impacts and aftermath of COVID-19 pandemic on Global Development
The new novel corona virus known as COVID-19 is now the main concern for the world.
Starting from Wuhan, China, now COVID-19 has spread all around the world. It caused
uncountable damage to the development progress of the world. The growing COVID-19
emergency threatens to excessively hit nations, not as it were as a health crisis within the brief
term but as a devastating social and economic crisis over the months and a long time to come.
COVID-19 is directly causing economic slowdowns and downturns, with significant impact on
unemployment and underemployment for the informal workers. COVID-19 lockdown is
straightforwardly affecting food systems through impacting agricultural production and food
supply. It is indirectly affecting food systems through decreasing the capacity to distribute food,
as well as reducing the power of purchasing Financial market turmoil, caused by COVID-19,
will have a severe impact on implementing SDGs. Assessment maps the impact of COVID-19 on
the financial sector and puts forward policy recommendations.

The Russian state authorities are continuously considering new measures to adapt to the rapidly
changing situation, so more details may follow once the relevant laws and regulations are
adopted.