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3/5/24, 10:33 AM Investopia 2024 holds 11 panels exploring investment opportunities in new economy | Emirates News Agency
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 on to underline
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.
Dr. Bourguignon drew attention to the urgent need to
take more steps to achieve carbon neutrality to avoid
the future repercussions that any additional delay in
responding to climate change could cause. He explained
that the current framework in place for the
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