RIYADH: Arab countries witnessed a 9.8 percent increase in total public expenditure, reaching $957.5 billion in 2022, compared to $878.9 billion in 2021, according to a recent analysis.
The 43rd edition of the Arab Monetary Fund’s Joint Arab Economic Report disclosed that combined current expenditures in these nations jumped 9.9 percent to $824.6 billion in 2022, compared to $750.7 billion in 2021.