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Lebanon war already cost the country $20bn: Minister
25 October 2024 11:48 BST
Israel's war on Lebanon has cost the tiny country $20bn, Lebanese Economy Minister Amin Salam told Bloomberg.
The losses are greater than Lebanon's GDP in 2023, which stood at $18bn.
The direct and indirect costs include "the near-total shutdown of tourism and agriculture, damage to buildings and a surge in unemployment," said Bloomberg reporter Omar Tamo.
BREAKING: Israel-Hezbollah clashes have already cost Lebanon $20 billion, economy minister tells Bloomberg
— Omar Tamo (@OmarTamo19) October 25, 2024
Direct and indirect costs include the near-total shutdown of tourism and agriculture, damage to buildings and a surge in unemployment
Lebanon's GDP was $18 billion in 2023