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بوابة الشروق
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Lebanon's war costs since 2023 over 27 billion
The Lebanese government, led by Nohad Mashnouq, focused on the challenges facing the country, emphasizing that the cost of two wars on Lebanon since 2023 has exceeded $27 billion. The direct cost of the October 2023 war was approximately $14 billion, while another that began in March 2024 is estimated to range between three and four billion dollars. He pointed out that these conflicts have led to a severe economic contraction, with growth falling to 4.6% after being 4.2% last year, amid concerns over a shortage of international funding that covers less than 50% of the needs. He stressed the necessity of ending the Israeli occupation and reconstructing the affected areas, with negotiations under U.S. auspices. He reaffirmed Lebanon’s aspiration to regain full control of its territory and achieve a gradual Israeli withdrawal, in addition to the importance of completing financial and economic reforms and reaching an agreement with the International Monetary Fund to ensure financial stability and fair economic recovery.
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