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اقتصاد
War devastates Gaza's economy
The war on Gaza has caused extensive destruction to the economic sector, with around 90% of the approximately 4,500 industrial facilities—employing over 53,000 workers before the conflict—being damaged. This devastation has led to a 94% and 96% decline in industrial and agricultural production, respectively, resulted in the suspension of many sectors, a slowing of their activities, and disruptions in supply chains. The direct damage exceeds 6 billion dollars. Additionally, commodity prices have surged by 274%, and unemployment has soared to 78%, deepening the economic and social crisis. Total losses amount to roughly 35 billion dollars, over 200,000 buildings in Gaza have been damaged, and the agricultural sector has been significantly eroded. The estimated cost needed for reconstruction exceeds 71 billion dollars.
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