Gaza 'survival' at stake, UN warns
The Peninsula
Geneva: Israel s war in Gaza has ravaged the Palestinian territory s economy and is threatening its very survival, the United Nations warned Tuesday,...
Geneva: Israel's war in Gaza has ravaged the Palestinian territory's economy and is threatening its very survival, the United Nations warned Tuesday, calling for "immediate and substantial" international intervention.
Rebuilding the Gaza Strip will cost more than $70 billion and could take several decades, the UN Trade and Development agency (UNCTAD) said in a new report, warning that war and restrictions had triggered an “unprecedented collapse across the Palestinian economy.”
“The military operations have significantly undermined every pillar of survival,” from food to shelter to healthcare, “and plunged Gaza into a human-made abyss,” it said.
"The sustained, systematic destruction casts significant doubt on the ability of Gaza to reconstitute itself as a liveable space and society."
The scale of destruction wrought on the territory has meanwhile "unleashed cascading crises, economic, humanitarian, environmental and social, propelling (it) from de-development to utter ruin", UNCTAD's report said.
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