Lebanon suffered “economic losses” of more than five billion dollars in a year of conflict between the Israeli army and Hezbollah, according to an estimate released today by the World Bank, specifying that nearly 100,000 homes were damaged. The World Bank study mainly covers the period from October 8, 2023 to October 27, 2024. Even before the cross-border exchanges of fire that began in October 2023 between Hezbollah and the Israeli army, Lebanon and its six million inhabitants were being tested by a unprecedented economic collapse since 2019. And since September 2024 the simmering conflict has escalated into open war, with daily Israeli military bombardments against Hezbollah strongholds. “The conflict caused damage to 99,209 houses,” the World Bank report highlights today, specifying that 18% of these houses were “completely destroyed”. Almost 81% of the affected households are located mainly in the south of the country, in the regions of Tyre, Nabataiah, Sidon, […]
Source: News Beast
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