Gaza was already desperately poor. It’s getting even poorer.
Share on email Even before the current conflict, more than half of the people in Gaza lived in poverty, and 60% suffered from food insecurity. The combination of war and recession will only exacerbate Gaza's humanitarian crisis.Per-capita income in Gaza is now just half the amount seen in the West Bank. As a result, Gaza accounts for less than 18% of Palestinian GDP, down from 34% before aGaza has been under intensifying bombardment from Israel since Oct.
The rebuilding of destroyed properties is at this point just about the only economic activity left in Gaza. All economic activities other than those related to "losses in properties and fixed assets" have now come to a halt, they say.
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