How the world economy is weighing on people’s financial well-being – The National

  • Date: 30-Mar-2022
  • Source: The National
  • Sector:Economy
  • Country:UAE
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How the world economy is weighing on people’s financial well-being – The National

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The Covid-19 pandemic, high inflation, rising interest rates and the conflict between Russia and Ukraine are taking a toll on people’s financial well-being globally, experts speaking at the Arab Household Savings Conference 2022 said.

Combined, they have brought new levels of financial fragility to the fore, Imane Benzarouel, deputy executive director of the Morocco Foundation for Financial Literacy, said during a panel discussion at the event hosted by FinTech Robos in Bahrain on Tuesday.