Gazans lost two thirds of their jobs – more than 201,000 positions – in less than three months after the war began, the UN said. Gaza’s gross domestic product “plummeted” by 81 per cent in the last quarter of 2023, said a UN report published on Thursday. This shrunk the Palestinian enclave’s economy to a sixth of what it was in 2022, it added. The private sector has been decimated, with 82 per cent of businesses either “damaged or destroyed”.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

France’s Macron says Israel must end war in Gaza

Israel must end its war against Hamas in Gaza and work with…

Mahmoud Khalil calls himself political prisoner after US immigration arrest

Mahmoud Khalil, the Columbia University Palestinian graduate student who the Trump administration…

Germany’s Syria envoy warns on sanctions hopes after visit to Damascus

Discussions to possibly lift EU sanctions against Syria are under way but…

Refugee crisis could spiral to 800,000: UN

The UN’s High Commissioner for Refugees said that as many as 800,000…