Gaza's economy and infrastructure in ruins after two years of siege
Long reliant on humanitarian aid due to the Israeli blockade, Gaza’s economy is now in ruins –unemployment exceeds 80 percent, 92 percent of its private homes have been destroyed, and more than 98 percent of its farmland is rendered unusable. Rebuilding cost estimates range from 50 to 80 billion dollars, but it remains unclear who will foot the bill.
Long reliant on humanitarian aid due to the Israeli blockade, Gaza’s economy is now in ruins –unemployment exceeds 80 percent, 92 percent of its private homes have been destroyed, and more than 98 percent of its farmland is rendered unusable. Rebuilding cost estimates range from 50 to 80 billion dollars, but it remains unclear who will foot the bill.
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