UN report finds Gaza suffered $16.7 billion loss from siege and occupation

Israel’s military operations and prolonged closure of Gaza, has caused economic damage of $16.7 billion between 2007 and 2018, driving the poverty rate up almost fourfold compared to what it might have otherwise been, the UN trade and development agency UNCTAD said in a report published on Wednesday.

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Arrested development and poverty take a $57 billion economic toll in Palestine

24 Nov 2021

Following Israeli closures, restrictions and military operations, the West Bank has suffered two decades of arrested development and poverty, according to a report published on Wednesday by the UN trade and development body, UNCTAD.

Gaza economic recovery could take decades: UN report

31 Jan 2024

The war in Gaza has resulted in an unprecedented level of destruction to its economy which will take tens of billions of dollars and decades to reverse, UN trade and development body UNCTAD said in a new report on Wednesday.

Lost decade looms for debt-ridden developing countries: UNCTAD

12 Apr 2023

Debt-ridden developing countries face years of economic pain brought on by a global growth slowdown, high interest rates and reduced investment, the UN Conference on Trade and Development (UNCTAD) warned on Wednesday.