UNDP Report: By the end of 2024, the Palestinian economy could contract by 35%
According to the UNDP, if the war continues, economic output in the occupied Palestinian territories could shrink by one-third in 2024 compared to pre-war projections.
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According to the UNDP, if the war continues, economic output in the occupied Palestinian territories could shrink by one-third in 2024 compared to pre-war projections.
The report highlights the extensive damage caused by the conflict, with at least 370,000 housing units in Gaza damaged, including 79,000 completely destroyed. UNDP Administrator Achim Steiner emphasized the dire situation, stating that "every additional day that this war continues is exacting huge and compounding costs to Gazans and all Palestinians."