Gaza
UN pegs Gaza recovery cost at $71.5 billion amid mass joblessness
Image credit: Al Jazeera English
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The United Nations trade body said Gaza requires $71.5 billion for recovery, according to Al Jazeera English, as the territory faces what it characterized as its most severe economic crisis. The report blamed consequences of Israeli occupation for economic deterioration, citing a 90 percent unemployment rate in Gaza.
The UN assessment reflects the scale of damage to Gaza's infrastructure and economy following recent conflict. The trade organization warned that economic conditions have sharply worsened, with joblessness affecting the vast majority of the population.
