Iraq crisis poses economic threat to Lebanon and Jordan: ESCWA

 

BEIRUT: Conflicts throughout the Middle East have hampered development, according to a new report to be issued by the United Nations. Moreover, the current crisis unfolding in Iraqposes a serious threat to regional economies, including that of Lebanon.
Over the past 20 years, Arab countries have made substantial progress in fields like maternal health and child mortality, but conflict has caused several countries in the region to backslide on development metrics, says Abdallah al-Dardari, a leading economist with the U.N.’s Economic and Social Commission for West Asia................