‘Utter ruin’: Gaza economy would take 350 years to return to pre-conflict level, UN says
Report says ‘intense military operations in Gaza have left unprecedented humanitarian, environmental and social catastrophe’
Gaza’s economy has been left in “utter ruin” by the year-long war between Israel and Hamas, and it would take 350 years to return to its pre-conflict levels, the United Nations has warned.
In a report on the economic costs of the war prepared by its trade and development wing (Unctad), the UN said the fighting since Hamas killed more than 1,000 Israelis on 7 October last year had devastated the remnants of Gaza’s economy and infrastructure.
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