The World Bank confirmed that Saudi green initiatives will grow the region's economy to $13 trillion by 2050. This came at a time the international financial institution projected a growth of 6.9% for Gulf Cooperation Council (GCC) economies in 2022.
“Saudi Arabia helps us provide financing to the world's poorest countries and advances the global development agenda, at a time when the global economy is still suffering from destabilizing shocks,” World Bank Country Director of the GCC Issam Abousleiman told Asharq Al-Awsat.
