Lebanon’s war losses could reach $25bn

Published June 2, 2026 Updated June 2, 2026 01:51pm

Lebanon’s Finance Minister Yassine Jaber has said losses caused by the war have exceeded $20bn and could climb towards $25bn if hostilities with Israel continue, AlJazeera reports.

The minister warned that the full scale of the economic and social damage may not become clear until the fighting ends and displaced residents begin returning to devastated communities.

People inspect the damage in the aftermath of an Israeli strike that hit near a hospital in Tyre, Lebanon on June 2, 2026. — Reuters
People inspect the damage in the aftermath of an Israeli strike that hit near a hospital in Tyre, Lebanon on June 2, 2026. — Reuters

Opinion

Editorial

Mixed messaging
Updated 02 Jun, 2026

Mixed messaging

It is fair to ask how these actions fit into a strategy that is supposedly aimed at reaching a negotiated settlement.
Sugar: the bitter truth
02 Jun, 2026

Sugar: the bitter truth

THEY are at it again. Politically powerful sugar mill owners are back with their demand seeking permission to export...
Uphill battle
02 Jun, 2026

Uphill battle

A DISPUTE has broken out between Karachi’s political representatives over illegal encroachments on the city’s...
Budget concerns
Updated 01 Jun, 2026

Budget concerns

Mistaking IMF compliance for sound economic management is what is driving the economy into deeper stagnation.
Gaza’s tragedy
01 Jun, 2026

Gaza’s tragedy

HISTORY may record this as one of the most brazen deceptions of our time. President Donald Trump’s so called Board...
New sports policy
01 Jun, 2026

New sports policy

BETTER sense has prevailed with a new national sports policy set to be rolled out, thus preventing a clash between...