Tag Archives: Lebanon economic decline

World Bank says Lebanon needs $11bn for post-war rebuild

Lebanon’s recovery and reconstruction needs have been estimated at approximately $11 billion following the intense conflict between Israel and Hezbollah, which ended with a ceasefire in late November. According to assessments covering the period from October 8 to December 20, 2024, the war caused extensive physical destruction and severe economic losses, pushing Lebanon’s already fragile economy further into crisis. The …

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