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Damage from conflicts in the Arab Region

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Damage from conflicts in the Arab Region
March 14
09:00 2019

The World Bank reasonably believes that the conflicts in the Arab region have led many local countries to a poor economic state.

Deputy Head of the World Bank noted that according to the most conservative estimates, the losses from the conflicts for the period from 2010 to 2018 had amounted to 900 billion US dollars. In addition, it was said that about 60% of the total GDP of Arab countries accounted for 10% of the population. For example, in European countries this figure is 45%.

The consequences of the armed conflicts in the region have led many Arab countries to the brink of economic collapse.

 

The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade

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