23 Hrs
Source:
بوابة الشروق
UN Report: Gaza Employment Crisis
A UNCTAD report reveals that the Gaza Strip is facing an unprecedented economic crisis, with unemployment reaching around 90%. Production and growth indicators have plummeted sharply, and the per capita income has dropped to about 58 cents daily. Industrial and agricultural output have declined by 94%. As a result, poverty has increased, with everyone suffering from multidimensional poverty and fully relying on humanitarian aid. The collapse of the economy threatens to destabilize the financial system in the region. The crisis has also extended to the West Bank, amid ongoing Israeli occupation of financial resources, complicating efforts to rebuild a resilient and independent Palestinian economy.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)