the World Bank: BEIRUT - Syria's conflict will cost Lebanon $7.5 billion in cumulative economic losses by the end of next year, the World Bank has said in a report prepared for an aid meeting at the United Nations, according to Reuters. It estimates that the war and resulting wave of refugees into Lebanon will cut real GDP growth by 2.85 percent a year between 2012 to 2014, double unemployment to above 20 percent and widen the deeply indebted nation's deficit by $2.6 billion and By Dominic Evans A summary of the report, seen by after the World Bank briefed diplomats in Beirut, provides the most detailed assessment yet of the strain Syria's conflict has placed on its small Mediterranean neighbor.
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20.9.13