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اقتصاد سكاي نيوز عربية
Gaza Development Falls 77 Years
A report indicates that the Gaza Strip is experiencing a comprehensive economic collapse after three years of war that began on October 7, 2023. The report states that 92% of economic facilities have been damaged, agricultural and industrial output has declined by 94%, and per capita income has dropped to $212 annually, with unemployment rising to approximately 80%. Physical damages are estimated at around $35.2 billion, economic losses at $22.7 billion, and the cost of reconstruction and recovery is projected to exceed $71.4 billion over the next decade. International funding remains hindered, with less than a tenth of the pledged aid actually disbursed. Experts warn against relying solely on external aid and emphasize the necessity of implementing internal recovery projects, such as supporting the fishing and agricultural sectors, resuming key industries, and shifting the Palestinian economy toward technology and renewable energy. They also call for lifting the blockade and opening border crossings to bolster economic recovery.
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