Losses in Lebanon due to the Syrian war have been estimated at $13.1 billion. $5.6 billion of this equates to 2015 alone, according to this month's Survey of Economic and Social Developments in the Arab Region 2015-2016, published by ESCWA.
The early years of the war (2012-2014) cut real GDP growth by around three percentage points per year. Demand for local goods from Syria – Lebanon's fifth largest trading partner – has fallen and transit routes are blocked. Local manufacturers have be...
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