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Gaza incomes collapse 83 percent, UNCTAD reports
Original: Gaza’s per-capita income has collapsed 83 percent to 58 cents a day, UNCTAD reports, the worst economic collapse on reco
UNCTAD reports that Gaza's per-capita income has fallen 83 percent to just 58 cents a day, described as the worst economic collapse on record. Reconstruction needs are now estimated at $71.5 billion. Aid groups say the figures underscore the scale of humanitarian need, with grassroots campaigns struggling to fund rent, medication and evacuations.
Why now: The UN's stark economic figures for Gaza have just been released, drawing renewed attention to the territory's humanitarian crisis.
Evidence
- Gaza’s per-capita income has collapsed 83 percent to 58 cents a day, UNCTAD reports, the worst economic collapse on record, with reconstruction needs now at $71.5 billion. This week’s roundup carries rent, medication, and evacuation costs for campaigns that have sat underfunded… · mutualaidspace@mutualaidspace.org · 3
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