×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

UN report outlines Gaza war's devastating impact on Palestinian economy

Vocalize Pre-Player Loader

Audio By Vocalize

A man sits on the rubble as others wander among debris of buildings targeted by Israeli airstrikes in Jabaliya refugee camp, northern Gaza Strip on Nov 1, 2023. [AP Photo]

A new U.N. report paints a stark picture of the collapse of the Palestinian economy after a month of war and Israel's near total siege of Gaza.

The gross domestic product shrank 4% in the West Bank and Gaza in the war's first month, sending more than 400,000 people into poverty, an economic impact unseen in the conflicts in Syria and Ukraine, or any previous Israel-Hamas war, the U.N. said.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
By Xinhua 7 hrs ago
Sports
How Chinese elements shine at Milan-Cortina Winter Olympics
Basketball
Thunder plot Equity Bank raid as Premier League tips off
By Ben Ahenda 17 hrs ago
Boxing
Future Boxing Championships offer Kenyan boxers lessons
Athletics
Why Faith Kipyegon is making waves after winning 10km debut