A new UNCTAD report says Gaza is facing the world’s most severe economic crisis on record, with more than 90% of economic establishments destroyed or damaged and over 90% of working-age Palestinians unemployed.
The report estimates that $71.5 billion will be needed for recovery and reconstruction, while housing, agriculture, health and education have all suffered extensive destruction.
It also warns that Israeli policies in the occupied West Bank are deepening economic fragmentation, displacement and inequality.