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Malpass urges backing Mideast, N.Africa to be able to confront crises
President of the World Bank Group David Malpass called for backing the Middle East and North African countries to be able to confront crises.
Addressing the World Youth Forum (WYF) which is held in Egypt, Malpass stressed that bank’s commitment to creating a space for exchanging ideas with youth, especially on urgent issues facing the new generations.
He highlighted the role played by youths in eradicating poverty, promoting gender equality and leading the march of development.
Addressing the forum via video conference, he said the COVID-19 pandemic has caused an unprecedented effect on people’s life and businesses, particularly in the Middle East and North Africa region, as well as job opportunities and educational programs.
Malpass referred to reports issued by UNESCO and UNICEF in December which indicated that the closure of schools as a result of the pandemic caused the loss of about 70 trillion dollars of the global GDP.
Meanwhile, Malpass said about one million people in the Middle East and North Africa will seek job opportunities by 2050, highlighting that the labor market has to secure better and sustainable chances for them.
He called for benefiting from digital technology which enables young entrepreneurs to become producers, promoting social inclusion and securing services to enhance resilience and recovery capabilities.
He added that green economy provides more job opportunities for youths, stressing the World Bank’s commitment to action plans, especially those related to climate change.
He added that youths have the responsibility to positively engage in decision-making, especially in issues related to them.
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