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Lebanon Donor Conference Yields $940m in Pledges

HeadlineSep 01, 2006

In Sweden, an international donor conference for Lebanon has pledged more $940 million — double organizers’ initial goal. Lebanon says at least 130,000 homes were damaged or destroyed during Israel’s invasion.

  • Lebanese Prime Minister Fouad Siniora: “The direct damage from this last invasion to our infrastructure and to our public and private property is now running into the billions of dollars, while loss to GDP, job losses and the long-term direct and indirect costs to the economy including lost revenues to tourism, agriculture and industry are expected to be billions more. Moreover, Lebanon’s well known achievements in fifteen years of post-war development have been wiped out in a matter of days by Israel’s deadly military machine.”
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