What could $250 million do for Lebanon’s economy?

2.5亿美元能为黎巴嫩的经济带来什么?

World Business Report

2025-06-26

26 分钟
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Lebanon has secured $250 million in World Bank funding for post-war recovery, to help repair and rebuild critical public infrastructure and essential services. Is the oil giant Shell taking over its rival BP? Plus, Mexico is planning to sue Space X over rocket debris on the beach.
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  • This is Andrew Peach with World Business Report from the BBC.

  • Good to have you with us on the way the World Bank approves a quarter of a billion dollars for Lebanon to repair areas destroyed by Israeli forces.

  • There are reports that the oil giant Shell could acquire its rival BP.

  • I've been talking to a former BP executive.

  • BP is undervalued against the value of its assets.

  • So the breakup value

  • as it were would be at least 20% higher than the 364p share that the London stock market put on it today.

  • and why Mexico could sue SpaceX over rocket debris on the beach.

  • We start in Lebanon

  • though where the World Bank has approved 250 million dollars to rebuild infrastructure after the conflict between Israeli forces and Hezbollah.

  • The funds will help restore essential services and the sustainable management of rubble.

  • The bank had previously estimated the cost of reconstruction at 11 billion dollars.

  • Let's talk to the Lebanese economist Sami Nader about this.

  • It's a lot of money, but the size of the job is absolutely enormous.

  • Yeah, as you mentioned,

  • the size of the jobs is enormous because the amount of the destruction, I mean, accounts.

  • for billions of dollars, at least five billions of dollars,

  • but the move by the World Bank is significant

  • because it's symbolic and it says that the international community is ready to assist Lebanon and it is

  • because it has been a problem that financial assistance will not come if UN resolution,