Arab oil versus Illiteracy

The number of illiterates in the 22 Arab countries is around 67 million accounting for 40 percent of the total population aged 15 years and over. Meanwhile , Gulf oil revenues are expected to exceed $600 billion in both 2008 and 2009, according to a recent report. That means that if all Gulf oil revenues are spent on educating all the “out of school” children, spending $8,000 yearly on each, that would eradicate illiteracy altogether. But spending $8,000 per child is high, even by international school standards and education in public schools does not require much money. At best $200 per year would suffice. That’s $13.4 billion annually, leaving Gulf states with a whopping $586.6 billion annually.

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