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Gaza’s Economy Devastated by War, UNCTAD Warns

B-Empire Magazine

The war in Gaza has destroyed decades of economic progress in the Palestinian Territories, causing the most severe economic crisis ever recorded, UNCTAD warned on Thursday, September 24.

After 60 years of Israeli occupation, economic activity is now more constrained than ever, the UN emphasizes. Rebuilding Gaza would require more than $71 billion, according to the international organization.

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