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Palestinian economy has plummeted since start of Israel-Hamas war: UN – NBC4 Washington

Report: New UN report paints picture of devastation of collapsing Palestinian economy

New UN report paints a picture of the devastation of the collapsing Palestinian economy | iNFOnews

New UN report paints a picture of the devastation of the collapsing Palestinian economy | iNFOnews
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Half Million More Palestinians To Fall In Poverty If Gaza War Continues For Another Month: UN Report

Half Million More Palestinians To Fall In Poverty If Gaza War Continues For Another Month: UN Report
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Stark UN report on devastation to Palestinian economy shows GDP fell 4% after a month of war

A new U.N. report paints a stark picture of the collapsing Palestinian economy after a month of war and Israel’s near-total siege of Gaza. The gross domestic product shrank 4% in the West Bank and Gaza in the war’s first month, sending over 400,000 people into poverty. That's an economic impact unseen in the conflicts in Syria and Ukraine, or any previous Israel-Hamas war, according to the U.N. agencies that issued the report Thursday. If the conflict lasts until the end of the year, the U.N. projects Palestinian GDP will drop by 12%, with losses of $2.5 billion and more than 660,000 people pushed into poverty.

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