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Aboul Gheit: 20% of the population of the Arab world faces poverty. Arab governments face difficult development issues

Ahmed Aboul Gheit, general secretary of the Arab League, expressed his sincere gratitude and congratulations to the Lebanese president Michel Aoun, wishing Lebanon a successful presidency of the Arab economic summit, wishing success and good fortune during his summit presidency. .

Aboul Gheit said that this summit comes after six years of interruption, emphasizing that: "There is no real stability of the nation without economic growth".

Aboul Gheit stressed that the development path is clear and familiar, and that the Arab countries should follow it as did other nations before it, but this will only happen with fixed rates of economic growth of at least 7 or 8. % all year.

The Secretary General of the League of Arab States states that there are major crises afflicting the region and joining economic challenges.

Aboul Gheit has praised the efforts made by some Arab countries in the fields of infrastructure, communications and transport, but this remains without the aspirations of the Arab nation.

He stressed that the Arab region needs more to combine economies with each other to prevent economic shocks associated with certain sectors such as energy.

Aboul Gheit stressed that ambitious financial institutional reforms exist, but the path to development is still in its infancy, adding that knowledge and innovation are the main source of economic value.

He stressed the need to reduce the digital divide with other countries in the world, underlining that the main gap that separates us from global economic developments is the result of the poverty of finance and capital.

Aboul Gheit said that the Arab world is the youngest in the world and that if this youth energy is not used, it will become an instrument in the hands of terrorism.

He added that the future of this nation will be built only to accept the other and overcome the differences between us.

Aboul Gheit stressed in particular that 20% of the Arab population is in so-called multidimensional poverty, which includes the lack of health services and education: over four million Syrian children have left their schools since the outbreak of the war seven years ago.

He said that Arab governments should face difficult demands to supply food to more than 350 million Arabs, preserving limited water resources, advancing on the use of clean and renewable energies, fighting climate change and improving the liberalization of intra-EU trade – Arabic, which is still 12% modest.

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