World Bank to Invest $100B in Regional Crises
The President of the World Bank confirmed that the bank is prepared to provide about $100 billion to support countries affected by current crises, including the US-Iran war, shortages of fertilizers and energy, the impacts of the war in Ukraine, and the situations in Sudan and Gaza. He indicated that $20-25 billion has been allocated to help these countries confront these challenges. He also emphasized that the development of artificial intelligence will not lead to job losses, and that the greatest challenge in the region is to create new job opportunities for young people through infrastructure development, support for agriculture and technology, and improvements in healthcare services.
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