Business
Israeli aggression caused $20bn in losses: Lebanese economy minister
字号+ Author:Smart News Source:Health 2025-01-12 17:51:22 I want to comment(0)
Israeli aggression caused estimated losses between $15 billion and $20bn across key sectors in Lebanon, the Lebanese minister of economy and trade has said. In an interview with following the cease-fire between Israel and Lebanon that took effect early on Wednesday, Amin Salam highlighted the severe impact of the conflict, which displaced 1.4 million people and caused extensive destruction. Salam explained that prior to the escalation on September 17, estimated losses were around $10bn, mainly affecting tourism and agriculture. However, with intensified attacks, approximately 500,000 Lebanese lost their jobs due to mass displacement, infrastructure damage, and a complete halt in the tourism sector. The minister noted that daily economic losses reached hundreds of millions of dollars during the peak of the conflict, which hindered the completion of damage assessments.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Prince William forced to pay fine over embarrassing stunt
2025-01-12 17:12
-
Terrorists martyr two cops in Lakki Marwat
2025-01-12 16:53
-
'No serious rift', says Iqbal after PPP's warning
2025-01-12 16:20
-
'PTI's failure to meet Imran, submit written demands stalls talks with govt'
2025-01-12 16:09
User Reviews
Recommended Reads
Hot Information
- Undertaking signed to relocate school
- First aid convoy departs Tal for Kurram today after prolonged blockade
- 'PTI's failure to meet Imran, submit written demands stalls talks with govt'
- Aid convoy's departure to Parachinar conditional on security clearance: KP govt
- Republican's leadership of US House hangs by thread
- £190m case: Verdict against Imran, Bushra 'put off' again
- £190m case: Verdict against Imran, Bushra 'put off' again
- Court orders police to arrest KP CM Gandapur
- Republican's leadership of US House hangs by thread
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content