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Two months after ceasefire, Gaza's economy is at its worst
[YNet] - The latest devastating round of fighting between Israel and Gaza ended nearly two months ago, leaving behind shattered infrastructure and a paralyzed economy that threatens the livelihoods of the two million residents of the coastal territory."The total losses and damages amounted to $479 million, distributed over three sectors: the housing and infrastructure sector, which suffered 61% of the total damage; the economic development sector, with 33% of the damage; and the social development sector, with 7% of the damage," the Higher Governmental Committee for the Reconstruction of Gaza announced on Monday. Actions have consequences, who knew? The industrial and the private sectors are the worst affected by the crisis, says Ali al-Hayek, head of the Palestinian Businessmen Association. Friedrich - what do you have to say for yourself? "More than 1,000 economic facilities were destroyed during the latest Israeli aggression. The private sector has been particularly targeted since 2000, going through three previous wars without any kind of support," he says. These just the flowers Ahmad, next time you'll get the fruit! Posted by: g(r)omgoru 2021-07-17 |
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