Public debt reaches $14.6bn, exceeding GDP, while unemployment in Gaza hits a staggering 77 percent by late 2025.
Public debt reaches $14.6bn, exceeding GDP, while unemployment in Gaza hits a staggering 77 percent by late 2025.
By Monjed Jadou
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Ramallah, occupied West Bank – The Palestinian economy is undergoing a severe downturn, driven by Israel’s continued assault on Gaza, intensified restrictions on movement and trade in the occupied West Bank, and a sharp decline in both domestic and external financial resources.
UN report warns attacks, restrictions have driven occupied territory's economy into its worst contraction.
UNCTAD reports Gaza's economy has collapsed, with all residents plunged into poverty amid unprecedented humanitarian and fiscal…
Gaza's unemployment rate has reached 80 percent, among the highest in the world, according to the United Nations.
GENEVA: The two-year Gaza war and economic restrictions have triggered an unprecedented collapse in the Palestinian economy,…
Gaza's economy has plummeted by 87 percent in two years, deepening poverty and leaving thousands without resources.
Israel’s attacks in Gaza and the West Bank are not only killing people, but destroying economy and means of living.
