World Bank predicts setback for Lebanon's economy due to Gaza conflict

BEIRUT, Dec. 21 (Xinhua) -- The repercussions of the Gaza conflict are likely to drag Lebanon's economy into recession from a slight recovery following years of crisis, according to a report published by the World Bank on Thursday.

The report, dubbed "In the Grip of a New Crisis," said the World Bank previously expected Lebanon's economy to slightly grow by around 0.2 percent in 2023 due to the vibrant summer to