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اقتصاد سكاي نيوز عربية
World Bank praises UAE as key partner
The Director of Operations at the World Bank confirmed that the UAE is considered a strong strategic partner, as it exchanges expertise and collaborates in sectors such as water, education, health, energy, and artificial intelligence, with the aim of transferring its developmental experience to developing countries. The Bank also announced its readiness to provide support worth $100 billion over 15 months to countries affected by conflicts. Meanwhile, it lowered its global growth forecast to 2.5% for this year, as the debts of developing countries have increased from 40% to 70% of their gross domestic product. There are also warnings about the impacts of regional conflicts on the global economy.
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