24 JUNE ’20 | PRAY FOR THE GLOBAL ECONOMY
Dear prayer partners,
The COVID-19 pandemic has spread globally, at a rapid rate, and infected millions. It has had a huge impact on the world as we knew it; there have been thousands of deaths, it has disrupted our ways of life, and led to huge job losses. According to the World Bank’s special report for June 2020: “This pandemic represents the largest economic shock the world economy has witnessed in decades, causing a collapse in global activity.”
In the Middle East, neighbouring countries, Syria and Lebanon, have seen a dramatic fall in their currencies’ value to the dollar, resulting in protests across both countries. While salaries and wages have remained the same, prices of food and utilities have sky-rocketed, leading to many shops and markets closing and making daily living tremendously difficult for a very large proportion of the populations of both countries. There has also been a huge increase in homelessness and children searching for food on the streets. *INcontext International has contacts in both nations, and has, in the last couple of weeks, received numerous prayer requests, as the situation has become more dire.
South Sudanese refugees, living in Uganda, have also experienced a huge reduction of 30% in their food rations, as major organisations, like the UN, have been unable to meet their funding commitments. It has resulted in meals being reduced from three to one per a day, leading to malnutrition and even starvation for some. **The Crisis Response Network has recently launched a project which aims to support some of the most vulnerable families with extra food.
In South Africa, TransUnion conducted an online survey, from 28 May to 1 June, to better understand how South Africans were being impacted financially by the COVID-19 health crisis. They found that 14% of people reported job losses – that is roughly one-in-six of the population who have lost a source of income, due to the impact of the coronavirus and lockdown. In addition, about 37% of respondents said their work hours had been reduced.
In Matthew 6:26, Jesus shares God’s heart with us: “Look at the birds. They do not plant or harvest or store food in barns, for your Heavenly Father feeds them. And are you not far more valuable to Him than they are?” We are valuable to God; He supplies the needs of all of His creation and will supply us with our daily bread.
Please join with us in praying for the World’s economy, and for much wisdom for those in leadership, that they make righteous choices, that will benefit the masses, not just the few.
“The matters we or the world might consider trivial, He cares about and wants to remedy. He longs to relieve our worries and has promised to supply our most fundamental needs.” (Charles R. Swindoll)