Israel’s war on Gaza has devastated the Palestinian enclave’s economy, reducing it to less than one-sixth of its 2022 size, while there has also been a “significant downturn” in the occupied West Bank, according to a United Nations report.
“Production processes have been disrupted or decimated, income sources have disappeared, poverty has intensified and expanded, neighbourhoods have been eradicated, and communities and towns have been ruined,” a report published on Thursday by the UN Trade and Development agency (UNCTAD) found.
