War Exacerbates Lebanon's Economic Crisis: Losses Mount
Lebanon's financial sector has suffered approximately $70 billion in losses, with the 2024 war between Israel and Hezbollah adding an estimated $11 billion. This has led to job losses, slow business, and soaring prices.
Lebanon suffered some $70 billion in losses in its financial sector, further compounded by about $11 billion in the 2024 war between Israel and Hezbollah, according to World Bank