میدل-ایست-آیUN says Gaza reconstruction to cost $70bn over decades
UN says Gaza reconstruction to cost $70bn over decades
The UN has said that reconstruction of the Gaza Strip will cost $70bn over the coming decades, while warning of imminent economic collapse in the occupied Palestinian territories
The report released by the United Nations Conference on Trade and Development (Unctad) said Israel's bombardment of the enclave had created a "human-made abyss" in Gaza, with the economy contracting by 87 percent over the course of 2023-2024.
Israel's systematic destruction and economic siege has left its GDP per capita at just $161, among the lowest in the world.
Meanwhile, repeated attacks by soldiers and settlers in the occupied West Bank were also plunging the Palestinian territories into crisis.
The UN said decades of economic progress had been wiped out in Palestine.
