2024-08-13 08:03:21
The Lebanese are keen to expand the scope of hostilities between… lebanon Israel and the extent of its negative impact on the Lebanese economy, continuous negative indicators indicate that Lebanon is facing the most difficult economic crisis in the country’s history since the end of 2019, and the economy will be more volatile in the future. Until now, it still casts a shadow over all walks of life.
Between the obsession with war and the daily state of anxiety in which Lebanese live, the only constant remains the outcome of the war Hezbollah launched on October 8 last year in support of the Gaza Strip. GazaHuge economic and human losses have had a catastrophic impact on the south of the country.
Relevant experts agreed in an interview with Sky News Arabia that the pressure caused by “supporting the war” has caused many losses, the most prominent being the displacement of hundreds of thousands of families and the complete cessation of agricultural activities extending from the Arabian Peninsula to the border. Naqoura town to Shebaa in the Eastern District.
billions lost
Mounir Younis, an expert on economic affairs, author and analyst, told Sky News Arabia that “the losses are huge, including direct and indirect losses, ranging from $2 billion to $10 billion so far.”
“As hostilities continue, there is no final damage estimate,” he said.
He noted that “70,000 to 10,000 houses in border towns were fully or partially damaged.”
He said, “Tens of thousands of hectares of agricultural land in the south have been damaged by phosphorus bomb explosions. The scene is like scorched earth. These soils need to be treated for many years.”
“The war has prevented farmers from cultivating 17 million square meters of farmland,” he explained.
“The seasons affected include olive, tobacco and other seasons, and thousands of small and medium-sized enterprises in the southern provinces have also been harmed,” Younes continued.
Younes noted that “there are a hundred thousand displaced people” and said, “This is very costly for everyone in Lebanon.”
He continued, “Relying on this summer’s tourist season did not succeed because it did not reach 20% of last year’s tourist season in 2023, because it was a special season that gave the economy a dose of hope until October 7 The event of the day arrives.
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“Some towns have no houses at all and the stones of demolished houses are mixed with each other,” the source said, according to Sky News Arabia website.
The Lebanese are keen to expand the scope of hostilities between… lebanon Israel and the extent of its negative impact on the Lebanese economy, continuous negative indicators indicate that Lebanon is facing the most difficult economic crisis in the country’s history since the end of 2019, and the economy will be more volatile in the future. Until now, it still casts a shadow over all walks of life.
Between the obsession with war and the daily state of anxiety that characterizes Lebanese life, the only constant remains the outcome of the war Hezbollah launched on October 8 last year in support of the Gaza Strip. GazaHuge economic and human losses have had a catastrophic impact on the south of the country.
Relevant experts agreed in an interview with Sky News Arabia that the pressure caused by “supporting the war” has caused many losses, the most prominent being the displacement of hundreds of thousands of families and the complete cessation of agricultural activities extending from the Arabian Peninsula to the border. Naqoura town to Shebaa in the Eastern District.
billions lost
Mounir Younis, an expert on economic affairs, author and analyst, told Sky News Arabia that “the losses are huge, including direct and indirect losses, ranging from $2 billion to $10 billion so far.”
“As hostilities continue, there is no final damage estimate,” he said.
He noted that “70,000 to 10,000 houses in border towns were fully or partially damaged.”
He said, “Tens of thousands of hectares of agricultural land in the south have been damaged by phosphorus bomb explosions. The scene is like scorched earth. These soils need to be treated for many years.”
“The war has prevented farmers from cultivating 17 million square meters of farmland,” he explained.
“The seasons affected include olive, tobacco and other seasons, and thousands of small and medium-sized enterprises in the southern provinces have also been harmed,” Younes continued.
Younes noted that “there are a hundred thousand displaced people” and said, “This is very costly for everyone in Lebanon.”
He continued, “Relying on this summer’s tourist season did not succeed as it did not reach 20% of last year’s tourist season in 2023, as it was a special season that gave the economy a dose of hope until October 7 The event of the day arrives.
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#numbers #Lebanons #economic #toll #months #war
