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Economic, Infrastructure Damage to Lebanon Tops $2.5 Billion

HeadlineAug 03, 2006

Siniroa’s comments came just hours after the Lebanese government warned the attack on Lebanon is inflicting crippling damage on Lebanon’s economy and infrastructure.

  • Lebanese Development and Reconstruction official Fadel Al-Shalak: “At the beginning, the damages inflicted by Israel were $2 billion dollars. After one week, that increased to $2.5 billion. So, within one week, the damages inflicted increased by another half a billion U.S. dollars. For a country the size of Lebanon, that is a huge loss. This escalation shows the proportion of the catastrophe and the aggression of this war.”
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