A recent UN report highlights the catastrophic economic situation in the Gaza Strip and West Bank, primarily due to ongoing Israeli military operations and settler violence. The Gaza Strip has experienced an astonishing 81% decline in GDP, with agriculture suffering 80-96% destruction and 82% of private enterprises damaged.
This turmoil has resulted in the loss of 201,000 jobs in Gaza and 306,000 in the West Bank. The report underscores that the prolonged occupation remains the principal barrier to sustainable development in the region.
Meanwhile, relief groups report dire shortages of essential supplies in Gaza, with more than a million individuals lacking food and basic necessities. Aid delivery is severely restricted, raising concerns over the humanitarian crisis worsening amidst a lack of effective distribution systems.
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