Israel-Hamas War Causes 86-percent Dive In Gaza GDP: IMF
A year of conflict between Israel and Hamas has resulted in a "devastating impact on the economy" in the occupied West Bank and Gaza, the IMF said Thursday, including a nearly 90 percent drop in Gaza's GDP.
"Preliminary official estimates indicate an 86 percent decline in GDP in the first half of 2024" in Gaza, said International Monetary Fund communications chief Julie Kozack.