UN: Gaza needs billions in aid to reverse years of Israeli restrictions

Gaza needs billions of dollars in international economic aid to compensate for the years of restrictions that Israel has imposed on it, according to a report published on Wednesday by the United Nations trade body.

In its report on the economic development of the occupied Palestinian territory for 2022, the United Nations Conference on Trade and Development said that the restrictions have stifled Gaza's economy and curbed its development.

The report also highlighted the dire economic conditions in Gaza prior to the start of the war on 7 October.

"Donors and the international community need to extend significant economic aid to repair the extensive damage Gaza has experienced under prolonged restrictions and closures and frequent military operations, which has stifled the economy and decimated infrastructure," the report said.