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 .
Surveys have pointed out that at least one-third of Mena residents do not save any money, that two-thirds do not save enough or save on a regular basis, and that almost 80% of residents do not feel sure about their financial future.
Surveys have pointed out that at least one-third of Mena residents do not save any money, that two-thirds do not save enough or save on a regular basis, and that almost 80% of residents do not feel sure about their financial future.
Surveys have pointed out that at least one-third of Mena residents do not save any money, that two-thirds do not save enough or save on a regular basis, and that almost 80% of residents do not feel sure about their financial future.