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”.
You May Also Like
UNRWA warns of ‘alarming’ spread of disease in Gaza
The UN’s relief agency for Palestinian refugees has warned of increasing disease…
- Alina Hashmi
- February 7, 2024
Gaza death toll reached 46,913: Health ministry
The death toll in the war between Israel and Hamas reached 46,913…
- Alina Hashmi
- January 19, 2025
Israeli forces raid cities in occupied West Bank
Israeli forces conducted raids in the Jenin, Nablus, and Hebron in the…
- Alina Hashmi
- February 2, 2024
Israeli air stike on house in Deir Al Balah kills 15 people
At least 15 citizens, including women and children, were killed during an…
- Alina Hashmi
- February 12, 2024