Report: Hezbollah facing economic crisis as funding from Iran cut

A mix of foreign efforts to limit funding to organization, as well as Hezbollah's continued involvement in Syria, have hurt group financially.

April 9, 2014 13:40
1 minute read.
Hezbollah's Hassan Nasrallah addresses supporters in Beirut

Hezbollah's Hassan Nasrallah addresses supporters in Beirut . (photo credit: REUTERS)


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


Hezbollah is facing an economic crisis stemming from its involvement in the Syrian civil war, and budget cuts in Iran as a result of new president Hassan Rouhani's austerity policies, Lebanese sources say.

According to a report from the London paper Asharq Al-Awsat, Iran's Supreme Leader Ayatollah Ali Khamenei continues to fund Hezbollah through his separate budget, though the Iranian president stopped the government's flow of money to Hezbollah five months ago during the reorganization of Tehran's Foreign Ministry.

Adding to Hezbollah's problems is close monitoring of funding sources by American and European countries, the report stated. For example, on Tuesday, Germany outlawed the Berlin-based fundraising group Orphaned Children Project-Lebanon because it was found to be transfering money to Hezbollah. The sources in Lebanon said that "there are continuing American-European efforts to cut off the organization's funding."

Lebanese media also reported that European intelligence agencies have recently been cooperating in efforts to prevent the transfer of funds to Hezbollah, especially from South American and African countries. This European effort comes after several charity organizations in Europe were found to be attempting to transfer funds to the Shi'ite organization. Money transfer freezes have been placed on individual Lebanese citizens who live in Europe as well, since they have been marked as "potential routes" for transferring money to Hezbollah.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

A TAP Air Portugal plane.
April 20, 2019
Kosovo returns families of jihadists from Syria