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2026-09-20T11:53:13.000Z

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Raymond Shaker Questions $27B Losses

Raymond Shaker Questions $27B Losses

Lebanese Prime Minister Nohad Al-Shami announced that the economic costs of the "Support" wars of 2023 and 2026 have exceeded $27 billion, amid the collapse of the national currency and a decline in purchasing power since 2019. This crisis resulted from Hezbollah's decision to ignite the war without the responsibility of the state. He emphasized that it is unfair to burden citizens with the consequences of these disasters, and that responsibility lies with Iran and its regional support. He also stressed the need for the parties funding reconstruction to bear the costs, rather than imposing new burdens on the Lebanese people, especially given the severe economic crisis and high public debt. He called for fundamental reforms and restoring trust in the state to ensure conditional international funding, warning that the absence of a strong state threatens the future of upcoming generations.

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