Lebanon is reportedly facing a staggering $14 billion in damages and losses due to nearly 14 months of Israeli attacks, according to preliminary estimates by the World Bank.

While the figure has not been officially confirmed, multiple government sources have leaked the information, highlighting the severe economic toll of the conflict.

Government insiders disclosed the World Bank's assessment to LBCI on Thursday, following a high-level meeting at the Grand Serail. The discussion, attended by Prime Minister Nawaf Salam and a delegation from the World Bank, focused on evaluating material damages, economic setbacks, and financial requirements for recovery.

Another source familiar with the matter corroborated the estimate to L'Orient-Le Jour, though the World Bank has yet to issue an official statement on the matter.

Beyond the reported $14 billion in damages and losses, the World Bank has also identified an additional $12 billion in essential needs, which cover reconstruction and recovery efforts. These figures underscore the scale of devastation and the immense financial burden Lebanon faces in rebuilding its infrastructure and economy.

The meeting at the Grand Serail brought together key ministers, including Finance Minister Yassine Jaber, Energy Minister Joe Saddi, and Public Works Minister Fayez Rasamny. According to an official statement, the World Bank has been coordinating with Lebanese officials since Monday to discuss an initial aid package of $250 million aimed at supporting urgent recovery initiatives.

Following the meeting, Finance Minister Jaber addressed the press but refrained from confirming the estimated reconstruction costs. Instead, he acknowledged that the financial impact was "in the billions of dollars," reinforcing the gravity of Lebanon’s economic and structural challenges.