Page 119 - INVESTOPIA ENGLISH PR REPORT - International Part 2

3/11/24, 11:35 AM Investopia 2024 holds 11 panel discussions exploring investment opportunities in the new economy, technology, circular and crea…
Executive Director of the International Monetary Fund; Dr.

François Bourguignon, Honorary President of the Paris School

of Economics; and Dr. Nathan Sheets, Chief Economist at Citi;

and John Defterios, Professor of Business Administration at

NYU Abu Dhabi.

Dr. Mohieldin highlighted the necessity of paying attention to

low and middle-income countries in a changing global

economic trend and cited Africa, where the continent grew for

many countries from being a low-income region to becoming

middle-income.

"Middle-income countries and the middle class populations are

being squeezed, and mid-sized enterprises do not have the

same support as SMEs," Dr. Mohieldin said.

"The middle needs investment, but [the situation] is not being

discussed," he added, and went further and underlined the

urgent need for investment in human capital, education and

infrastructure." Dr. Mohieldin also noted that debt and

development problems remain among the most critical issues

facing the global economy and are of great concern to

investors worldwide.

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