UN trade agency assesses economic impact of Gaza devastation
Restoring the social and economic conditions that existed in Gaza before the current conflict will take tens of billions of dollars and several decades, according to the UN trade and development agency, UNCTAD.
Its latest report revealed that Gaza’s Gross Domestic Product (GDP) declined by $655 million last year, roughly 25 per cent, mainly due to the onset of war following the 7 October terror attacks.