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Israeli media: A senior European Union official hinted that 'Israel' would be held accountable for violating international law in Gaza
Al-Qassam Brigades spokesperson Abu Obeida: The losses incurred by the occupation today in Khan Younis and Jabalia are an extension of a series of top-tier operations
Al Mayadeen's correspondent in South Lebanon: The invading Israeli force is digging a trench and erecting earthen berms, amid detected activity suggesting preparations to install espionage equipment
Al Mayadeen's correspondent in South Lebanon: An Israeli force breaches the "technical fence" in the Wazzani area
Israeli media: 4 Israeli soldiers killed in the Gaza Strip
Gaza Government Media Office: Starved citizens are tempted to head to American-Israeli centers and then are deliberately shot
Gaza Government Media Office: The toll at US-Israeli aid distribution centers is as follows: 110 martyred, 583 wounded, and 9 missing
Gaza Government Media Office: 8 starved civilians were killed and 61 others were injured by the gunfire of Israeli occupation forces and an American security company in Rafah
Al Mayadeen's correspondent: Three martyrs, injured in Israeli drone strike on phone charging station west of Khan Younis, southern Gaza.
Al Mayadeen's correspondent: Four martyrs, dozens of injured as IOF open fire on civilians near GHF facility west of Rafah, southern Gaza.

World Bank estimates Lebanon's reconstruction needs at least $11bln

  • By Al Mayadeen English
  • Source: Agencies
  • 7 Mar 2025 19:10
2 Min Read

Lebanon's economy contracted by 7.1% in 2024, with the World Bank estimating the total economic losses at $14 billion.

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  • AP
    Arabic graffiti on a house destroyed by the Israeli air and ground offensive reads, "We will not be humiliated," right; "Khiam is Golani's graveyard," referring to an IDF unit, center, and "Our flag will not be dropped," left, in the southern town of Khiam, southern Lebanon, Monday, Feb. 17, 2025 (AP Photo/Hassan Ammar) 

The World Bank has estimated that Lebanon will require $11 billion for reconstruction and recovery following the 14-month Israeli aggression on Lebanon.

The funding is expected to come from both public and private sources, with $3 billion to $5 billion needed from government funds and $6 billion to $8 billion from private investments.

"Reconstruction and recovery needs following the conflict that affected Lebanon are estimated at US$11 billion," the World Bank stated.

The war, which began on October 8, 2023, caused extensive destruction, leaving thousands dead and displacing many more.

Lebanon's economy contracted by 7.1% in 2024, with the World Bank estimating the total economic losses at $14 billion.

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This includes $6.8 billion in damage to infrastructure and $7.2 billion in losses from reduced productivity, foregone revenues, and operational costs.

A US-brokered ceasefire went into effect on November 27, 2024.

"Israel" was expected to pull out entirely, but reports indicate that Israeli forces remain stationed in five areas of southern Lebanon, raising concerns over the full implementation of the ceasefire.

Read more: Lebanese Army warns against Israeli escalation in south

As of December 20, 2024, Lebanon's National News Agency (NNA) reported that "Israel" had violated the ceasefire agreement at least 259 times since its implementation on November 27, 2024, resulting in 31 martyrs and 39 injuries. 

More recently, on January 26, the United Nations Interim Force in Lebanon (UNIFIL) accused "Israel" of violating the ceasefire by continuing destruction in residential and agricultural areas of southern Lebanon.

UNIFIL called for "Israel's" timely withdrawal from these regions in compliance with UN Resolution 1701. ​

  • World Bank
  • Israel
  • Lebanon ceasefire
  • Lebanon
  • Israeli war on Lebanon

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