The Hezbollah-Israel War: A Blow to the Lebanese Economy

par Johnny Ftouhi, 14:35 - Reading : 6 minute(s)

Central Bank of Lebanon Hezbollah Israel Economic losses war cost

Lebanon is undergoing an unprecedented economic collapse, worsened by the recent war, which deepened the financial crisis that began in 2019 when the state declared bankruptcy, and banks, along with the Central Bank (BDL), faltered. The financial sector’s collapse triggered a widespread crisis, affecting every facet of economic and daily life. ...