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World Bank President: Middle East Conflict Losses May Exceed to $20 Billion


Wed 16 Oct 2024 | 12:20 AM
World Bank
World Bank
Taarek Refaat

World Bank President Ajay Panga said if the conflict spreads in the Middle East, the biggest contributors to the global economy will be affected.

The value of property destruction in the Middle East conflict may exceed $20 billion, Panga explained, noting that the loss of lives in the conflicts in Gaza and Lebanon is “unbearable.”

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