Monday, November 14, 2011

Arab Spring Costs to GDP have been US$20.56Billion for 2011

The costing exercise undertaken by Geopolicity, based on data from the International Monetary Fund, shows that GDP losses in Libya, Egypt, Tunisia, Syria, Yemen and Bahrain will total some US$20.56billion in 2011 alone. The costs to Public Finance for the same countries totals some US$35.28billion over the same period.