Top Lebanese officials said Monday they want to prevent the country, which is still recovering from the recent ...

BEIRUT, Lebanon, March 7 (UPI) --The World Bank issued a new estimate Friday for Lebanon's reconstruction and recovery needs following 14 months of Israel-Hezbollah destructive war, putting it at ...

In a report assessing the impact of the Hezbollah-Israel conflict on Lebanon's economy and key sectors from Oct. 8, 2023, to Oct. 27, 2024, the World Bank said that "damages to physical structures ...

The cost of reconstruction and recovery for Lebanon following the 14-month Israel-Hezbollah war is estimated at $11 billion, the World Bank said in a report on Friday. The report by the World Bank ...

Advertising Lebanon has been running on a cash economy ... almost half the population into poverty, according to the World Bank. The country has struggled to reach an International Monetary ...

JOSEPH EID/AFP via Getty Images Lebanon’s finance minister announced that the country has received preliminary approval to raise the value of a World Bank loan for reconstruction from $250 million to ...

BEIRUT (AP) — The World Bank will grant Lebanon a $250 million loan that will be used to help ease electricity cuts in the crisis-hit country, the country’s finance ministry said Thursday.

Clearing debris in Beirut after a strike in October. The World Bank estimates that Lebanon needs a total of $11 billion for reconstruction after the war.Credit...David Guttenfelder for The New ...

Israel’s 14-month war with Hezbollah that caused what the World Bank estimates was $11 billion in damages and economic losses. Lebanon’s crisis is rooted in decades of corruption by the ...