$570 million physical and economic losses in Gaza, says World Bank

$570 million physical and economic losses in Gaza, says World Bank

Ramallah (UNA-OIC) – The eleven days of hostilities in May 2021 in Gaza resulted in the loss of over 260 people, including 66 children and 41 women, and exacerbated previous traumas in particular among children.
The human toll was aggravated by overall damage and losses to the social, infrastructure, and productive and financial sectors.
A Rapid Damage and Needs Assessment (RDNA) reveals up to US$380 million in physical damage and US$190 million in economic losses. Recovery needs have been estimated up to US$485 million during the first 24 months.
The Gaza RDNA was conducted between May 25 to June 25, 2021, in partnership between the World Bank Group, United Nations (UN) and European Union (EU) immediately after the cessation of hostilities and in close cooperation with the Palestinian Authority and in consultation with the civil society and private sector in Gaza. While the RDNA’s estimates are preliminary, they are critical to identifying priority interventions.
http://english.wafa.ps/Pages/Details/125313
 

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