1 Day
Source:
مصراوي
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New Paths for Economies
Mahmoud Mohieldin said the decline of the old world order gives countries an opportunity to choose more flexible, sustainable and inclusive growth models, and to reshape the frameworks for investment, trade and international cooperation. His remarks drew on data showing that foreign investment had risen by 6%, with 80% concentrated in 20 countries, while announced new investment projects in developing countries had fallen by more than a quarter compared with last year. He called for growth models tailored to each country’s circumstances rather than one-size-fits-all prescriptions, for strengthening “new regionalism” to address crises, and for reassessing development finance by mobilizing domestic resources and reducing reliance on foreign aid.
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