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.
The report, presented to last month’s UN general assembly, said economic activity across Gaza – which had been weak before the war – had ground to a halt, apart from minimum humanitarian health and food services provided under conditions of severe water, fuel and electricity shortages, and significant access constraints.
TVNL Comment: Genocide. Genocide. Genocide. Land grab. Land grab. Land grab. Horror. Horror. Horror.