FINANCIAL NEWS

Arab Spring costs Middle East countries USD614b

12 Nov 2016

(MENAFN) According to a UN agency, the Arab Spring of 2011 had cost the region’s economies USD614b of growth because of governmental changes.

The figure equivalent to 6% of GDP up to the end of last year, is based on growth projections made before the revolutions started.

However, it is the first estimate of its kind by a global economic body.

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