World Bank Says Gaza War Damage Cost Likely Now $14-$20 Billion

World Bank President Ajay Banga estimated Gaza war damage at $14-20 billion, with destruction in southern Lebanon adding to the total. Speaking at a event, Ajay Banga said the war’s global economic impact is small for now but warned that wider conflict could involve key global growth contributors, including commodity exporters. He condemned the immense civilian loss of life.