Lebanese reforms caught in the crossfire
Securitization specialist has global vision
What’s the conflict’s financial cost on Lebanon?
It’s very difficult to assess with accuracy the economic impact. Things are changing on a daily basis. Therefore it’s difficult to assess while Israel’s bombs continue to fall.
You have said that the cost of the damage was about $2 billion. Is there a more accurate estimate?
I’m not giving any estimates. It doesn’t add any value to spend our time updating [the cost] on a daily basis. What we are thinking about is (a) what are the implications? (b) what is the magnitude of the damage financially? and (c) how are we going to rehabilitate? Various agencies are working on these issues.
But as I say, things are changing on a daily basis. Israeli bombs...
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