Gaza
UN agency declares Gaza faces worst economic crisis on record
Image credit: Shehab Wire (EN)
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The UN Conference on Trade and Development warned Thursday that Gaza is experiencing the world's most severe economic crisis, with the war destroying 90 percent of commercial enterprises and leaving hundreds of thousands unemployed, Shehab Wire reported.
The agency cited wholesale devastation of the territory's business infrastructure and a sharp collapse in employment as defining features of the ongoing economic collapse.
