Introduction

Recessions, epitomised by significant contractions in economic activity, are a crisis for humanity as a whole, transcending economic indicators turmoil.1 These downturns ripple beyond employment and commerce, subtly yet significantly altering societal dynamics and profoundly disrupting individuals’ psychological states, thus marking their impact beyond the economic sphere. Recessions manifest not merely as job losses or business failures; these visible effects are but the initial disruptions. The true breadth of a recession’s impact is felt across the societal fabric, affecting interactions, adaptability and endurance, showcasing the complex nature of economic downturns and their extensive reach.2

Mental health, often relegated to the periphery in economic crisis discussions, bears a significant burden during these times.3 The pervasive stress and anxiety from financial uncertainty contribute heavily to a decline in mental well-being.4 Studies have demonstrated a discernible surge in mental health conditions, such as depression, anxiety and substance abuse, concurrent with and subsequent to economic crises.5

Recessions, though transient in nature, can have lasting effects on mental health.6 The stress and fear associated with financial instability can inflict lasting psychological scars, persisting long after economic situations have improved.7 The long-term mental health stressors resulting from such prolonged exposure can be severe, leaving individuals grappling with these issues for extended periods.8

Recognising these impacts necessitates an urgent strategic response. It is imperative to formulate and execute comprehensive strategies to mitigate these effects.9 A deliberate initiative is required to recognise and confront the mental health repercussions of economic crises, focusing on prevention, early detection and treatment. This proactive stance necessitates collaborative efforts from healthcare providers, policymakers, community advocates and individuals.10

The intensified need for mental health support during these tumultuous times is undeniable. Economic downturns, complex societal challenges, call for a holistic, multifaceted response considering their …