Israel-Hezbollah conflict cost Lebanon $8.5 billion, World Bank says
Lebanon faces estimated economic losses of $5.1 billion over 12 months, driven primarily by heavy impacts on commerce, tourism, and agriculture.
A view of damage caused by previous Israeli airstrikes, as smoke rises over Beirut's southern suburbs, amid ongoing hostilities between Hezbollah and Israeli forces, at Choueifat district, in Beirut, Lebanon, October 3, 2024.(photo credit: REUTERS/Louisa Gouliamaki)
