The overall Palestinian economy is now 35 percent smaller compared to a year ago, with unemployment potentially rising to an estimated 49.9 percent, as the ongoing conflict has devastated livelihoods.
Chitose Noguchi stated, 'Palestine is experiencing unprecedented levels of setbacks,' emphasizing the grave impact of the recent war on every aspect of life, particularly in Gaza.
Achim Steiner remarked the war's immediate consequences have enormous implications for infrastructure destruction, poverty, and loss of livelihoods, setting back Palestinian development by years or even decades.
The UNDP indicated that the poverty rate across the Palestinian territories will almost double, hitting 74.3 percent, while revealing that 4.1 million people are impoverished—2.61 million added in the last year alone.
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