The cost of wars in Arab countries since 2010 has reached 900 billion dollars

The World Bank revealed that "the overall cost of wars and armed conflict that Arab countries witnessed between 2010 and 2018 amounted to about US $ 900 billion," noting that "studies have shown that The cost of destruction and opportunity was losing growth in Arab countries that have experienced wars since 2010 and even 2018 amounted to $ 900 billion.

"It is a very conservative and minimal number," he said, pointing out that "major wars have erupted since 2010, Iraq, Syria, Yemen, Libya and Palestine, as well as major armed conflicts in Egypt and Lebanon ", noting that" the Arab countries have recorded the worst performance in the world In the index of income distribution, the 10% richest in the Arab world 60% of national income. "In Europe, for example, 10% of the richest countries account for 45% of European national income.

He pointed out that "the data recorded a significant drop in the income distribution index in the Arab countries and were at the tail end of the world countries lagging behind those of Latin America and the United States. Africa ", noting that" the critical indicators of Arab countries also increase their debt and the burden of these debts on the budget, "he" has an integrated program of assistance to states in the region. management of the public debt ".

"Most Arab countries that have implemented fiscal and support reforms have seen gains in the state's budget deficit index.The Arab budget deficit has gone from 3.6% at 5.4% over three years, according to the latest World Bank estimates at the end of 2018. "