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Hizbullah Facing Cuts in Financial Support


(Ynet News) Alex Fishman - Over the past two years, Hizbullah has been in a dire financial situation. Iranian support has been reduced by hundreds of millions of dollars; there is a drop in income from taxation and donations; the Americans and Saudis have declared the group a terror organization, and the sanctions are leaving their mark. Having no choice, Hizbullah has sold assets and reduced salaries. One-third of Hizbullah's fighting force has been in Syria for four years now. One-third of the fighters have been either killed or wounded, and the burden of payments to their families is huge. Hizbullah has been burying 16 and 17-year-old boys who had volunteered to fight.
2017-06-30 00:00:00
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