Israel-Gaza war ‘devastating’ Palestine economy, UN warns

The United Nations Development Programme has looked at how deeply Israel’s six-month war on Gaza has set back hopes for growth. It said if the war continues, economic output could shrink by a third in 2024, compared to what was projected before the war. Poverty across the occupied Palestinian territories could surge to over 60 percent if the war extends to 9 months and the crisis is expected to increase the number of people living in poverty by an additional million. But in Gaza, all analyses from the UN agency indicate a setback of so-called ’human development’ by more than 20 years. Raja Khalidi is from the Palestine Economic Policy Research Institute. He says a permanent ceasefire and an end to the occupation are crucial to the recovery process in Gaza. Subscribe to our channel Follow us on Twitter Find us on Facebook Check our website: Check out our Instagram page: Download AJE Mobile App: #Palestine #Gaza #Israel #PalestineEconomy #WestBankEconomy #GazaWar #IsraelGazaWar #IsraelHamasWar #GazaUnderAttack #OccupiedWestBank #WestBankRaids #IsraelWar #IsraelPalestineWar