{"id":120206,"date":"2025-03-08T11:44:58","date_gmt":"2025-03-08T08:44:58","guid":{"rendered":"https:\/\/shiawaves.com\/english\/?p=120206"},"modified":"2025-03-08T11:45:02","modified_gmt":"2025-03-08T08:45:02","slug":"lebanon-requires-11-billion-for-recovery-says-world-bank","status":"publish","type":"post","link":"https:\/\/shiawaves.com\/english\/news\/islam\/lebanon\/120206-lebanon-requires-11-billion-for-recovery-says-world-bank\/","title":{"rendered":"Lebanon Requires $11 Billion for Recovery, Says World Bank"},"content":{"rendered":"\n<p>The World Bank has reported that Lebanon will need approximately $11 billion for economic recovery and reconstruction following the recent conflict with Israel, Anadolu Agency reported. This figure is outlined in the Lebanon Rapid Damage and Needs Assessment (RDNA) 2025.<\/p>\n\n\n\n<p>The assessment indicates that $3 to $5 billion of the required funds must come from public financing, with $1 billion specifically allocated for infrastructure improvements, including electricity, transportation, and water services. Private financing is projected to range from $6 to $8 billion, focusing on housing, business, manufacturing, and tourism sectors.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"733\" height=\"471\" src=\"https:\/\/shiawaves.com\/english\/wp-content\/uploads\/sites\/4\/2025\/03\/Screenshot-2025-03-08-114341.png\" alt=\"\" class=\"wp-image-120208\" style=\"width:840px;height:auto\" srcset=\"https:\/\/shiawaves.com\/english\/wp-content\/uploads\/sites\/4\/2025\/03\/Screenshot-2025-03-08-114341.png 733w, https:\/\/shiawaves.com\/english\/wp-content\/uploads\/sites\/4\/2025\/03\/Screenshot-2025-03-08-114341-300x193.png 300w\" sizes=\"auto, (max-width: 733px) 100vw, 733px\" \/><\/figure>\n\n\n\n<p>The total economic cost of the conflict to Lebanon is estimated at $14 billion, comprising $6.8 billion in physical damage and $7.2 billion in lost revenue and productivity. The housing sector suffered the most, with damages estimated at $4.6 billion. Additionally, Lebanon&#8217;s GDP fell by 7.1% in 2024, reversing previous growth, and cumulative GDP decline since 2019 has approached 40%.<\/p>\n\n\n\n<p>Since a truce began on November 27, 2024, there have been nearly 1,100 documented ceasefire violations by Israel, resulting in at least 84 fatalities and over 280 injuries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The World Bank has reported that Lebanon will need approximately $11 billion for economic recovery and reconstruction following the recent conflict with Israel, Anadolu Agency reported. This figure is outlined in the Lebanon Rapid Damage and Needs Assessment (RDNA) 2025. The assessment indicates that $3 to $5 billion of the required funds must come from &hellip;<\/p>\n","protected":false},"author":33,"featured_media":120207,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"yes","rop_publish_now_accounts":{"facebook_108372464460192_245495985553329":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[24],"tags":[13010,3068],"class_list":["post-120206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lebanon","tag-financial-requirement-for-recovery","tag-world-bank"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lebanon Requires $11 Billion for Recovery, Says World Bank - Shia Waves<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shiawaves.com\/english\/news\/islam\/lebanon\/120206-lebanon-requires-11-billion-for-recovery-says-world-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lebanon Requires $11 Billion for Recovery, Says World Bank - Shia Waves\" \/>\n<meta property=\"og:description\" content=\"The World Bank has reported that Lebanon will need approximately $11 billion for economic recovery and reconstruction following the recent conflict with Israel, Anadolu Agency reported. 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