Gaza’s recovery needs reach $71.5bn amid ‘most severe economic crisis’: UN

The UN Conference on Trade and Development (UNCTAD) reported that Gaza's recovery and reconstruction needs have reached an estimated $71.5 billion, exacerbated by 59 years of Israeli occupation and intensified by the current conflict. The report highlights that over 90 percent of Gaza's working-age population is unemployed, with 92 percent of economic establishments damaged or destroyed since October 2023.