Smoke rises following Israeli strikes on the southern village of Khiam, as seen from the nearby town of Marjayoun, on March 16, 2026. (Photo: AFP)
As the threat of a multi-month Israeli offensive looms over Lebanon, even if the war with Iran were to end, the Lebanese economy holds its breath, fearing a fallout worse than in 2024. Back then, the World Bank estimated the total economic impact at nearly $14 billion and economic activity to have contracted by around 7 percent.Tens of millions in daily lossesWhat can we observe from the first two weeks of the current conflict? Sources at the Economy and Trade Ministry reported daily losses of $60 to $80 million. This figure does not include damage to homes, businesses, service establishments, industrial units, farms, and infrastructure. More from the author Economic and financial reforms: How the war with Israel is reshuffling cards in Lebanon According to security sources, the destruction observed today already exceeds that of...
As the threat of a multi-month Israeli offensive looms over Lebanon, even if the war with Iran were to end, the Lebanese economy holds its breath, fearing a fallout worse than in 2024. Back then, the World Bank estimated the total economic impact at nearly $14 billion and economic activity to have contracted by around 7 percent.Tens of millions in daily lossesWhat can we observe from the first two weeks of the current conflict? Sources at the Economy and Trade Ministry reported daily losses of $60 to $80 million. This figure does not include damage to homes, businesses, service establishments, industrial units, farms, and infrastructure. More from the author Economic and financial reforms: How the war with Israel is reshuffling cards in Lebanon According to security sources, the destruction observed today already exceeds that of...
Rubio condemns Iran's 'outrageous' attacks on Kuwait
