Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
CBS News: The suspect in the shooting of 2 National Guard troops in Washington has been identified as a 29-year-old Afghan national who is believed to have acted alone.
Al Mayaden's correspondent in South Lebanon: IOF launch flares over Markaba
Russia leaves intergovernmental agreement with countries of Euro-Arctic region on cooperation in emergency prevention and response: Moscow
PIJ: These reports aim to sow discord and incite against our Palestinian people and the camps
PIJ: We deny reports that the movement is strengthening its capabilities in Syria
Taiwan’s President: Taiwan will adopt a self-defense strategy to confront China’s threats.
Taiwan’s President: “One country, two regimes” is a red line for Taiwan.
Taiwan’s President: Beijing continues to increase military drills and gray zone harassment near Taiwan.
Palestinian sources: Apache helicopters open fire over Tubas in northern West Bank.
No specific date for a ceasefire in Ukraine, Trump says.

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.

Listen
  • x
  • 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.

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

Most Read

Hezbollah announces the martyrdom of Haitham al-Tabatabai

Hezbollah announces the martyrdom of commander Haitham Tabatabai

  • West Asia
  • 23 Nov 2025
Hezbollah publishes biography of martyred leader Haitham al-Tabatabai

Hezbollah publishes biography of martyred leader Haitham Tabatabai

  • Politics
  • 23 Nov 2025
The West delivers 1,000th military supply aircraft to 'Israel' since the Gaza genocide.

West sends 1,000th arms aircraft to 'Israel' since Gaza genocide

  • Palestine
  • 20 Nov 2025
Hezbollah releases the names of the four martyred with Tabatabai

Hezbollah releases the names of the 4 martyred alongside Tabatabai

  • West Asia
  • 24 Nov 2025

Coverage

All
In Five

Read Next

All
Bolsonaro begins 27-year sentence for coup plotting and conspiracy
Politics

Bolsonaro begins 27-year sentence for coup plotting, conspiracy

Maduro leads a bicentennial ceremony honoring Bolivar’s Sword of Peru.
Politics

Maduro leads bicentennial ceremony honoring Bolivar’s Sword of Peru

The Knesset advances a bill allowing Israelis to own property in the occupied West Bank.
Politics

Knesset advances bill allowing Israelis to 'own property' in West Bank

From Alps to Andes: Fast climate shifts endanger water, biodiversity
Environment

From Alps to Andes: Fast climate shifts endanger water, biodiversity

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS