Gaza economy shrinks to less than a sixth of its pre-war size, U.N. says
GENEVA –
The economy of the Gaza Strip has shrunk to less than a sixth of its size when the Israel-Hamas war began nearly a year ago, while unemployment in the occupied West Bank has nearly tripled, a U.N. report said Thursday, underscoring the challenges of reconstruction.
The report by the United Nations Conference on Trade and Development (UNCTAD) described Gaza’s economy as “in ruins”
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