The World Bank says that it is activating an “emergency response” to move resources to support the “urgent needs” of residents in Lebanon resulting from Israeli attacks, Al Jazeera reports.
In a report, the World Bank said physical damages and economic losses due to the conflict total an estimated $8.5 billion.
“There are over 875,000 internally displaced persons in Lebanon, with women, children, the elderly, persons with disabilities, and refugees at highest risk,” the report said. “An estimated 166,000 individuals have lost their jobs, corresponding to a loss of $168 million in earnings.”
The Bank added that Lebanon’s housing sector has been hit the hardest, with $3.2bn in damages resulting from nearly 100,000 housing units being partially or fully damaged.
