The Impact of the Coronavirus Pandemic (COVID-19) on Small and Medium Enterprises (SMEs) in Libya

Abstract

Purpose This paper examines the impact of the COVID-19 pandemic on small and medium-sized enterprises (SMEs) in Libya. Design/Methodology/Approach This is an exploratory study that adopted a snowball sampling method through a questionnaire designed on Google forms and electronically distributed. A total of 5, 900 responses were obtained. Findings The fndings of the paper show that the lockdown has signifcantly afected SMEs signifcantly in the execution of their usual activities. It is recommended that governments aid SMEs at this time to avoid their collapse and job losses, which in turn afect society and economy generally. Originality/Value The study provides a critical discussion about the challenges faced by SMEs in Libya during the lockdown period. Again, the study provides key guidelines and recommendations for adoption by policy makers.