Arab Countries

The GDP–CO2 Emissions Nexus in Arab Countries

This research investigates the environmental Kuznets curve (EKC) paradigm by assessing the link between real GDP per capita, renewable energy, energy prices, and carbon dioxide (CO2) emissions in selected Arab nations. In order to determine the extent of the association between the variables, the pooled mean group model is applied. According to the findings, real GDP per capita has a long-term positive effect on CO2 emissions, but quadratic GDP has a negative impact on CO2 emissions.

Arab Monetary Fund (AMF) extends its engagement to promote the scale of responsible digital payments across its member countries

  The Arab Monetary Fund, a regional financial organization, joins the United Nations-Better Than Cash Alliance to accelerate financial inclusion in the region

 

The Arab Monetary Fund (AMF) will increase the use of responsible digital payments in its programs and operations to boost financial inclusion, transparency and efficiency. The AMF will continue to prioritize youth, women and small businesses in its efforts on payment digitization, helping advance the Sustainable Development Goals.

 

H.E. Dr. Abdulrahman A. Al Hamidy, Director General Chairman of the Board of the Arab Monetary Fund, said: “Making responsible payment digitization a reality across our member countries will help bring many more citizens, particularly youth, women and small businesses, in the financial system, in a way that serves their needs. By doing that, Arab nations will foster sustainable growth, create employment opportunities, reduce inequality and maintain financial stability”.