Lebanon:Beirut explosion caused up to US$4.6bn in damages to infrastructure and physical assets -- World Bank

By MEIR team | 07 Sep 2020

Lebanon Life & Health Property & Casualty

The 4 August Beirut port explosion caused between $3.8bn and $4.6bn in damage to physical stock, while losses including changes in economic flows as a result of the decline in the output of the economic sectors are estimated to be in the range of $2.9bn and $3.5bn, according to preliminary estimates arising from a Rapid Damage and Needs Assessment (RDNA).

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