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Ogassapian: Influx of Syrian refugees burdened Lebanon with $7.5 billion in losses

June 30, 2014

NNA - Member of Parliament, Jean Ogassapian, on Monday said that the towering number of Syrian refugees in Lebanon has bogged Lebanon down in $7.5 billion in losses -- according to a study by the World Bank -- fearing that the Lebanon of today would cease to be "if the this swelling problem is not swiftly handled." "The Lebanese are not capable of handling the burden of Syrian refugees singlehandedly. We are in a pressing need for huge and active support by the International Community to face the economic crisis and its ramifications on the humanitarian, security, and stability levels in Lebanon," he said. The lawmaker's words came at a conference which had been held by the National Trade and Economy Parliamentary Committee, under the title of "The influence of Syrian refugees' influx on national economy," at the House of Parliament. Heading the Committee, Ogassapian said that it was the duty of the International Community, including the World Bank, the United Nations, and major donor countries, to jot down a realistic plan which doesn't only budget for the reconstruction of Syria, but also for Lebanon to recover from the gigantic direct and indirect repercussions of the Syrian crisis. ==============R.H.

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Source: National News Agency (Lebanon)

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