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Posts tagged ‘UNCTAD’

The future of Gaza looks bleak

There were grimly familiar headlines last week, as a new United Nations report warned that Gaza could be uninhabitable by 2020 if present trends continue. This latest warning arrives three years after the UN similarly predicted that the Gaza Strip would not be “a livable place” by 2020 without drastic action to improve basic infrastructure and services.

The new report, published by the UN Conference on Trade and Development (UNCTAD), is a thorough analysis of the economic reality of the occupied Palestinian territory. The report lays blame with Israel’s “discriminatory policies”, describing how Israel’s attacks on the Gaza Strip in 2014 led to a 15 percent drop in the latter’s gross domestic product, sending the Palestinian economy into its first recession since 2006, with unemployment shooting up to 44 percent. Read more