In the Arab world, several countries "are doing really well, especially the Gulf Cooperation Council (GCC) and Morocco, in terms of vaccination and reopening their economies," said Georgieva on Tuesday at the ministerial meeting of the Arab Public Finance Forum, highlighting the "remarkable" policies implemented to make the most of the fiscal policy.

Referring to the role of technology in strengthening transparency, she cited the example of the Moroccan platform Chikaya which has "remarkably" processed 7,000 public complaints, noting that the majority of users are satisfied, which consolidates, according to her, the foundations of a "transparent and accountable" public policy.

In addition, Georgieva said that the foundations of global economic recovery remain strong, noting that the international financial institution expects a growth rate of 4.4% for the Arab world in 2021 and 4.5% in 2022.

She also stressed the need to make Arab economies "more sustainable" and "more resilient" to climate shocks.

"We witnessed in Glasgow key commitments, including financial ones, to support the transition to the new climate economy, a low-carbon economy that is also resilient to shocks, which is very important for many Arab countries," said the IMF Managing Director.