If the war in Gaza continues for a second month the poverty rate in the State of Palestine will soar by 34 percent, thrusting nearly half a million additional people into poverty, as the Gross Domestic Product (GDP) plummets by 8.4 percent a loss of US$1.7 billion according to initial estimates by the United Nations Development Programme (UNDP) and the Economic and Social Commission for Western Asia (ESCWA).
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02/18/2021 | Press release | Distributed by Public on 02/18/2021 08:00
With regional and international support: ESCWA & the Saudi Program Push for a Unified Development Vision for Arab LDCs in the 2021-2030 Decade
The United Nations Economic and Social Commission for Western Asia (ESCWA), with support from Saudi Arabia, held today a regional meeting, the first of its kind, gathering government representatives from Mauritania, Somalia, the Sudan and Yemen with regional and international donors, to launch the first regional dialogue on the new programme of action for Arab least developed countries (LDCs) up to 2030, which will be discussed in January 2022 at the Fifth United Nations Conference on the Least Developed Countries (LDC5).
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