The Syrian crisis is costing the Lebanese economy $ 18 billion

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The Syrian crisis has cost the Lebanese economy $ 18 billion since 2011, Lebanese Economy Minister Raed Khoury told.

“The unemployment rate among the Lebanese is estimated at 39 per cent and the alarming figure is 40 per cent of the population of Lebanon,” Khoury said. “We have received complaints about illegal institutions belonging to displaced persons, operating in all Lebanese territory, Treasury ‘.
“We encourage foreign investment, including Syrian investment, but in a legitimate and legal way,” he said, noting that “we have our laws and legislation and what is required to apply.”