Beirut Governor Marwan Abboud said in an interview with Al-Hadath August 5 that the damage from the blast at the capital port could be greater than previously announced figures and could reach $15 billion.
“The loss to the country is greater than the $3-5 billion previously announced and could be $10-15 billion,” Abboud quoted Al Arabiya as saying.
The channel notes that these losses exacerbate the situation in Lebanon, which, according to the report of the American Institute for Democracy, requires up to $ 93 billion to save its economy. The report states that Beirut needs $67 billion to stabilize the country’s banking sector.
An explosion in the Beirut seaport area took place on August 4. As a result, the facades of several buildings located in close proximity to the place of emergency collapsed, damaged homes and offices.
According to Abboud, about 300,000 people were left homeless. According to the Ministry of Health, 135 people were killed, about 80 missing and thousands injured.