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The cost of destruction and lost growth opportunities in the Arab countries, which experienced wars between 2010 and 2018, reached $ 900 billion, said Monday the First Vice President of the World Bank Group, Mahmoud Mohieldin, during a visit to Kuwait.
Mohieldin said the Arab countries had the worst global performance in terms of income distribution index, with the richest 10 percent in the Arab world accounting for 60 percent of national income, compared to 45 percent in Europe, for example.
Mohieddin did not name any specific country, but felt that the cost of destruction and the lost growth opportunities were "very conservative and minimal," reported the Anatolia News Agency, l & # 39; official Kuwaiti news agency.
After the outbreak of the Arab Spring revolutions in Yemen, Syria and Libya in 2011, several Arab countries have experienced armed conflicts that have significantly affected their economies and infrastructure, as well as the ravages caused by the terrorist organization. Da "ash" in countries such as Syria and Iraq.
Mohieldin is currently visiting Kuwait as part of the annual follow-up and review with countries on the agenda of the UN's sustainable development agenda for the next 17 years.
The World Bank expects oil prices to reach $ 69 to $ 74 per barrel in 2019-20, respectively.
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