Is the Lebanese government ready to finance the south’s reconstruction?
Billions of dollars in public funds could be used in the reconstruction efforts, thanks to a budget surplus and possible support from Banque du Liban (BDL).
A man observes the ruins after a strike in Wadi Jilo, in Sour, on June 6, 2024. (Credit: Mohammad Yassine)
The Lebanese government did not rule out the possibility of contributing to the reconstruction effort of the villages, homes and infrastructure destroyed in the war that has been raging between Israel and Hezbollah in south Lebanon for the past 10 months.This is a crucial issue for the tens of thousands of people who fled the southern border areas, knowing that it is still difficult to have precise estimates on the damage.Several sources at the Finance Ministry told L’Orient-Le Jour that the public authorities would not rule out the possibility of dedicating a part of their projected revenues in 2025 to the reconstruction of the south, especially as they have a surplus in 2024. Read also Are residents in Lebanon stockpiling food and medication in fear of war? An official familiar with the matter deemed this possibility “evident” and...
The Lebanese government did not rule out the possibility of contributing to the reconstruction effort of the villages, homes and infrastructure destroyed in the war that has been raging between Israel and Hezbollah in south Lebanon for the past 10 months.This is a crucial issue for the tens of thousands of people who fled the southern border areas, knowing that it is still difficult to have precise estimates on the damage.Several sources at the Finance Ministry told L’Orient-Le Jour that the public authorities would not rule out the possibility of dedicating a part of their projected revenues in 2025 to the reconstruction of the south, especially as they have a surplus in 2024. Read also Are residents in Lebanon stockpiling food and medication in fear of war? An official familiar with the matter deemed this possibility...
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