Lebanon's reconstruction costs surpass capacity

Statements by Lebanese Prime Minister Nohad Machnouk were conveyed, clarifying that the costs of reconstructing southern Lebanon following the recent war between Hezbollah and Israel exceed Lebanon’s capabilities and require substantial funding. Estimates indicate that the costs of the last two wars surpass $27 billion, according to the World Bank, while the area has suffered extensive damage due to ongoing Israeli strikes despite the ceasefire. The government is making every effort to enhance reconstruction efforts through the implementation of tenders and plans to rehabilitate infrastructure, emphasizing the importance of Israel's full withdrawal and the rebuilding of the Lebanese state to confront ongoing escalation and regional tensions.

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