Arab League Urges Lebanon to Implement Necessary Reforms

Kubis meets Egyptian Foreign Minister Sameh Shoukry in Cairo. (Twitter)
Kubis meets Egyptian Foreign Minister Sameh Shoukry in Cairo. (Twitter)
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Arab League Urges Lebanon to Implement Necessary Reforms

Kubis meets Egyptian Foreign Minister Sameh Shoukry in Cairo. (Twitter)
Kubis meets Egyptian Foreign Minister Sameh Shoukry in Cairo. (Twitter)

Arab League Secretary-General Ahmed Aboul Gheit reiterated on Tuesday the league’s support to and solidarity with Lebanon during its current crisis.

During a meeting in Cairo with the United Nations Special Coordinator for Lebanon Jan Kubis, Aboul Gheit said it is important for the new Lebanese government to meet the demands of the people and to fullfil its promises, especially by introducing necessary economic reforms to regain the world’s trust and attract investments.

A statement by the league said Aboul Gheit and Kubis discussed the latest developments in Lebanon following the formation of the new government and the challenges that lay ahead.

For his part, Kubis briefed Aboul Gheit about the financial and economic situation in Lebanon and required measures to overcome the crisis.

In Cairo, the UN official also held talks with Egyptian Foreign Minister Sameh Shoukry.

“Shoukry stressed Egypt’s keenness to protect the stability and safety of Lebanon, by working on the achievement of national interests and on meeting the demands of the Lebanese people,” the ministry’s spokesperson Ahmed Hafez said.

The foreign minister said Lebanon should be spared from being involved in regional conflicts and escalations.

Kubis praised Egyptian efforts to help preserve stability in Lebanon and the region, expressing his keenness on continuing cooperation and consultation with Cairo in this regard.

Diab's government won parliament's confidence last week and it quickly requested the International Monetary Fund's advice on tackling its economic crisis.

Lebanon has the world's third-highest debt-to-GDP ratio and has been sliding towards default in recent months, with tight capital controls and a currency devaluation already hitting purchasing power.

Last week, Kubis said that any solution to the economic, financial and banking sector crisis must start with complete transparency of what is the solvency of Lebanon and its Central bank, communicated with the full clarity, honesty and accountability to the public.



Lebanon’s War Losses Double Compared to 2006

Rescuers and aid workers search for survivors at the site of an Israeli airstrike in eastern Lebanon (AFP)
Rescuers and aid workers search for survivors at the site of an Israeli airstrike in eastern Lebanon (AFP)
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Lebanon’s War Losses Double Compared to 2006

Rescuers and aid workers search for survivors at the site of an Israeli airstrike in eastern Lebanon (AFP)
Rescuers and aid workers search for survivors at the site of an Israeli airstrike in eastern Lebanon (AFP)

A comparison of the current human and material losses from the ongoing Hezbollah-Israel conflict with those from the July 2006 war shows that current losses have doubled.

Experts warn that the reconstruction funds and aid pledged to Lebanon 18 years ago may have limited impact once the war ends.

Total Losses

Mohammad Shamseddine, a researcher from Information International, told Asharq Al-Awsat that the death toll has risen from 900 in 2006 to 2,865 in the current conflict (as of October 31, 2024), with the number increasing daily. The number of wounded was 4,000 in 2006, but it has now exceeded 13,047.

In 2006, 600,000 people were displaced, while today that number has surpassed 1.2 million. Of these, 189,174 are in shelters. A total of 358,133 Syrians and 172,604 Lebanese have fled to Syria, and 120,000 have sought refuge in other countries.

Lebanese Economy and Trade Minister Amin Salam estimated that Lebanon’s total economic losses from the current conflict have reached $20 billion. However, economic associations report direct losses between $10 billion and $12 billion, covering damage to key sectors, homes, buildings, and infrastructure.

These figures align with estimates from Shamseddine, who believes direct and indirect losses are around $10 billion.

Of this, $4 billion occurred from October 8, 2023, to September 17, 2024 (when the conflict was mostly limited to the south), and $7 billion from September 17 to October 31, 2024, after Israel expanded the war. For comparison, losses during the 2006 war totaled $5.3 billion.

In 2006, infrastructure damage was valued at $900 million, higher than the current war's $570 million in infrastructure losses.

Housing losses in 2006 totaled $2.2 billion, while they have now surpassed $4.26 billion. Mohammad Shamseddine points out that commercial losses were similar in both conflicts, at $4.7 million.

Agricultural and environmental losses in 2006 were $450 million, but now exceed $900 million. Indirect economic damages were $1.2 billion in 2006, while they have now surpassed $3.38 billion.

One notable difference is the number of airstrikes: from October 8, 2023, to October 31, 2024, there were 11,647, compared to just 3,670 during the 33-day 2006 war.