UN report suggests Gaza war has set Palestine’s development back nearly 70 years

UN report suggests Gaza war has set Palestine’s development back nearly 70 years

A new United Nations report released on Tuesday suggests that the impact of the year-long war in Gaza has set development back by about 69 years. The UN Development Programme or UNDP says the Palestinian economy may not be able to restore pre-war levels and advance forward even when the fighting ends. Jody Jacobs has more.

October 23, 2024 15

World

Gaza’s GDP declined by $655 million in 2023

According to the UN Trade and Development Agency’s latest report, Gaza’s Gross Domestic Product declined by $655 million last year, roughly 25 percent, mainly due to the onset of war. Here’s Rami Al Azzeh, an economist with the Assistance to the Palestinian People Unit at UNCTAD.

February 1, 2024 28