Syria Crisis To Cost Neighbours Lebanon $7.5 Billion In Economic Damage: World Bank By: EW News Desk Team Date: 20 September 2013 The spillover from Syria’s civil war is likely to cost neighbours Lebanon nearly $7.5 billion in economic damage by the end of next year, according to a report by the World Bank, highlighting the devastating effect of the prolonged conflict for not just Syria, but for the entire Middle East region. In its report prepared before an aid meeting at the United Nations next week, the World Bank said that the Syrian crisis, which has raged on more than two years, had seen more than 900,000 Syrian refugees pouring into Lebanon, causing a strain on Lebanon’s health, education and energy sectors. The World Bank also estimated that about 2,000 Syrian refugees were arriving into Lebanon every day and, based on current trends, nearly 1.3 million refugees would be in Lebanon by the end of the year. economywatch/news/syrian-crisis-cost-lebanon-economy-billions.20-09.html
Posted on: Sat, 21 Sep 2013 12:05:32 +0000
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