A new assessment that the UN Development Programme (UNDP) and the UN Economic and Social Commission for Western Asia (UNESCWA) launched today estimates that poverty in the State of Palestine will rise to 74.

The war between Israel and Hamas has devastated the Palestinian economy and left nearly all of Gaza's population in poverty, with quality of life indicators such as health and education knocked back 70 years,

Gaza Development in Gaza and the Israeli-occupied West Bank could be set back decades according to a new UN report, which provides details of the economic devastation after a year of catastrophic war.

Impact of wars have held back development in Gaza by 69 years, a mew UN report has revealed. The United Nations Development Program (UNDP) and the UN Economic and Social Commission for Western Asia (ESCWA) have issued a new joint assessment warning that the ongoing war in Gaza has had a severe impact on the Palestinian economy,

The poverty rate across the Palestinian territories will almost double this year to 74.3% after months of relentless attacks by Israel on Gaza,

The war in Gaza has devastated the Palestinian economy, which is now 35% smaller than it was at the start of Israel's invasion a year ago, while development levels in Gaza itself have collapsed to the level of the 1950s,

Gaza has been under closure by land, sea and air since 2007. Restrictions on the movement of people, goods and technology imports have long impacted its economy before the intensification of Israeli strikes.