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Gaza incomes collapse 83 percent to 58 cents a day, UNCTAD says
Original: Gaza’s per-capita income has collapsed 83 percent to 58 cents a day, UNCTAD reports, the worst economic collapse on reco
UNCTAD reports that Gaza's per-capita income has fallen 83 percent to 58 cents a day, described as the worst economic collapse on record, with reconstruction needs estimated at $71.5 billion. Aid groups say the figures underscore escalating poverty, as mutual aid campaigns report underfunded efforts to cover rent, medication and evacuation costs for families in Gaza.
Why now: The stark UNCTAD figures quantify the scale of Gaza's economic devastation, prompting renewed attention and fundraising appeals.
Evidence
- Gaza’s per-capita income has collapsed 83 percent to 58 cents a day, UNCTAD reports, the worst economic collapse on record, with reconstruction needs now at $71.5 billion. This week’s roundup carries rent, medication, and evacuation costs for campaigns that have sat underfunded… · mutualaidspace@mutualaidspace.org · 3
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