We'll be affected
In Arab countries democracy is fully absent. Most of the countries like Bahrain, Libya, Saudi Arabia, etc are selling their oil to the West and purchasing arms from them. Latest SIPRI report has showed that military expenditure is increasing in this gulf region. This upsurge and unrest in the gulf countries will adversely affect our economy. The price of oil in international market is still rising. If this oil price hits US $120-125 per barrel within a short time, this will surely affect our economy. On the other hand, this unrest will affect our remittance flow.
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