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Friday, March 7, 2025
From the Liveblog of
Friday, March 7, 2025
World Bank: Reconstruction of Lebanon after Israel-Hezbollah war to cost $11 billion
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Cars drive past buildings that were damaged or destroyed in Israeli strikes in Beirut's southern suburbs Hay el-Sellom neighbourhood on December 2, 2024. (Anwar Amro/AFP)
The World Bank estimates Lebanon’s recovery and reconstruction costs will amount to some $11 billion following the war between Israel and Hezbollah, which ended with a ceasefire last November.
“Reconstruction and recovery needs following the conflict that affected Lebanon are estimated at $11 billion,” the World Bank says in a report assessing damage and losses from October 8, 2023 — when Hezbollah began launching attacks on Israel unprovoked — to December 20, 2024.
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