MENA: A new challenge


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On his first visit to the region, as newly appointed World Bank Vice President for Middle East and North Africa, Hafez Ghanim, reflects on his reasons for rejoining the Bank and challenges ahead.


Hafez Ghanem

Vice President, Africa

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April 27, 2015

I totally admire your point Dr Hafez concerning the importance of recreating and maintaining the middle class in Egypt , I think this is one of the triggers ,so I can envision that the large economic growth Egypt gone through was unfortunately on the expense of creating inequality that lead to disappearance of the middle class which is important to the political stability .