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UN: Gaza plunged into ‘human-made abyss’ as economy collapses 87%, wiping out decades of growth
GENEVA: The two-year Gaza war and economic restrictions have triggered an unprecedented collapse in the Palestinian economy, wiping out decades of growth, a United Nations report said on Tuesday. “Extensive damage to infrastructure, productive assets and public services has reversed decades of socioeconomic progress in the Occupied Palestinian Territory,” according to the report by the United Nations trade and development agency (UNCTAD). The Palestinian GDP per capita by the end of last year returned to that of 2003, erasing 22 years of development progress, it added.
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dailysabah.com
Gaza needs immediate int'l intervention with 'survival' at stake: UN
The United Nations warned Tuesday that Israel's war in Gaza has devastated the Palestinian territory's economy and now threatens its very...
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aljazeera.com
Israel’s war and restrictions drive Palestinian economy to record collapse
UN report warns attacks, restrictions have driven occupied territory's economy into its worst contraction.
