A huge amount. Detection of the cost of wars in Arab countries in 8 years

World Bank Group Senior Vice President Mahmoud Mohieldin revealed that the cost of destruction and lost growth opportunities in Arab countries that have experienced wars between 2010 and 2018 amounted to $ 900 billion. .

Mohieldin said the cost of destruction and lost growth opportunities was "very conservative and minimal," the official Kuwaiti news agency reported.

However, after the outbreak of the Arab Spring revolutions in Yemen, Syria and Libya in 2011, these countries witnessed armed conflicts that greatly affected their economies and infrastructure, as well as destruction caused by the organization. "terrorists" in countries like Syria and Iraq as well as other events attended by countries such as Egypt.

Mohieldin is currently visiting Kuwait as part of the annual follow-up and review with countries of the 17-year Sustainable Development Goals calendar for the year 2030, which was decided by the United Nations in 2015, according to the same source.

Mohieldin pointed out that the Arab countries have the worst performance in the world in terms of income distribution index, the richest 10% of the Arab world accounting for 60% of national income, against 45% in Europe, for example.

Mohieldin said the World Bank group predicted oil prices to be between $ 69 and $ 74 per barrel in 2019-20, respectively.