The United Nations warned Tuesday that Israel's war in Gaza has devastated the Palestinian territory's economy and now threatens its very survival, urging "immediate and substantial" international intervention.
Rebuilding the Gaza Strip will cost more than $70 billion and could take several decades, the U.N. Trade and Development agency (UNCTAD) said in a new report, warning that war and restrictions had triggered an "unprecedented collapse across the Palestinian economy."
"The military operations have significantly undermined every pillar of survival," from food to shelter to healthcare, "and plunged Gaza into a human-made abyss," it said.
"The sustained, systematic destruction casts significant doubt on the ability of Gaza to reconstitute itself as a liveable space and society."
Israel's two-year genocidal war on Gaza has killed nearly 70,000 people, according to figures from the Health Ministry that the U.N. considers reliable.
