Israel-Gaza war ‘devastating’ Palestine economy, UN warns

The United Nations Development Programme has looked at how deeply Israel's six-month war on Gaza has set back hopes for growth. It said if the war continues, economic output could shrink by a third in 2024, compared to what was projected before the war. Poverty across the occupied Palestinian territories could surge to over 60 percent if the war extends to 9 months and the crisis is expected to increase the number of people living in poverty by an additional 1.86 million. But in Gaza, all analyses from the UN agency indicate a setback of so-called 'human development' by more than 20 years. Raja Khalidi is from the Palestine Economic Policy Research Institute. He says a permanent ceasefire and an end to the occupation are crucial to the recovery process in Gaza. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #Palestine #Gaza #Israel #PalestineEconomy #WestBankEconomy #GazaWar #IsraelGazaWar #IsraelHamasWar #GazaUnderAttack #OccupiedWestBank #WestBankRaids #IsraelWar #IsraelPalestineWar