By NNN-KUNA
Cairo : Creating new job opportunities for youth is the greatest challenge faced by Arab economies, said World Bank Vice President for the Middle East and North Africa Daniela Gressani on Saturday.
In an interview published in Al-Ahram Al-Arabi magazine, she said the success of the Arab region depended on the creation for jobs for youth, underscoring the importance of quality education and a suitable investment climate in creating jobs for young Arabs.
She also noted the need for creating a suitable work atmosphere in the private sector, which could only come with raising confidence in this sector through government policies.
As for the World Bank’s outlook for Arab economic growth this year, she said it was “positive” in light of the hike in oil prices and the growth in gross domestic product.
Gressani explained that the World Bank could not propose solutions for unemployment, but tried to assist countries of the region through its accumulated experiences with other countries, noting the individual agendas the bank placed for dealing with each country depending on its needs.
Moreover, the vice president said the bank was working to develop education and breaching the gap between opportunities for males and females in this aspect, alongside infrastructure projects.