Economic damage from attacks by the Israeli army on Lebanese territory could exceed $20 billion, the newspaper L'Orient-Le Jour reported this, citing a report by a group of Lebanese experts and economists, the Independent Task Force for Lebanon.
They estimate that Israeli actions are slowing economic activity in most sectors of the economy in southern Lebanon and the Bekaa Valley, which is home to a third of the country's population and workforce. It is noted that about a quarter of Lebanon’s agricultural land and 50 thousand registered enterprises were destroyed and disabled, which is about 60% of their total number in the country. According to the report, the economic damage from the attacks on the Jewish state could exceed $20 billion. Experts predict that in the areas under fire, the proportion of Lebanese living in extreme poverty could double to at least 80%. On September 23, Israel launched Operation Arrows of the North “against the formations of the Shiite movement Hezbollah in Lebanon, during which it carries out massive attacks on the military targets of this Shiite organization. On October 24, Lebanese Prime Minister Najib Mikati called on the international community to provide urgent humanitarian assistance to his country, which suffered due to Israeli aggression. In May, the World Bank reported that Lebanon's poverty rate had increased from 12% to 44% over the past 10 years amid the country's protracted economic crisis.
