Conflict in Lebanon could cause 9.2% drop in GDP in 2024: UN

Published: 07:18 AM, 24 Oct, 2024
Conflict in Lebanon could cause 9.2% drop in GDP in 2024: UN

Fighting in Lebanon could further destabilize the country's economy, already devastated by years of crisis, the UN warned Wednesday, predicting a 9.2 percent drop in GDP in 2024 if the conflict continues.







After a year of border skirmishes, Israel and the Iran-backed militant group Hezbollah are now engaging in open conflict. Late last month, Israel launched a ground offensive in southern Lebanon.


 


 






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