900 billion dollars cost the war to Arab countries in 8 years

March 11, 2019 – 22:59

The cost of destruction and lost growth opportunities in the Arab countries, which experienced wars between 2010 and 2018, amounted to $ 900 billion, said Monday the Senior Vice President of the Bank Group world, Mahmoud Mohieldin.
As a senior official of the World Bank, the cost of destruction and growth opportunities have been lost "in a very conservative and minimal manner," according to information from the state-run Kuwait News Agency.
Following the outbreak of the Arab Spring revolutions in Yemen, Syria and Libya in 2011, these countries have witnessed armed conflicts that have greatly affected their economies and infrastructure, as well as the devastation caused by the violence. organization of "terrorists" in countries such as the Syrian Republic. And connector.
Mohieldin is currently visiting Kuwait as part of the annual monitoring and review with countries of the 17 goals of the 2030 Sustainable Development Goals, which were agreed by the United Nations in 2015, the source said.
In a related context, Mohieldin pointed out that Arab countries had the worst performance in the world's income distribution index, with the richest 10% in the Arab world accounting for 60% of national income, compared with 45% in the Arab region. 39, European Union, for example.
Mohieldin said the World Bank Group predicted oil prices would rise to $ 69- $ 74 per barrel in 2019-20, respectively.