What’s the impact of the war on Gaza on the Palestinian economy? | Counting the Cost

The Palestinian territories are dependent on Israel for their labour and goods markets and for basic services like water and electricity. They are locked in a cycle of underdevelopment caused by decades of Israeli restrictions and occupation. Palestinian GDP stood at just over $20bn last year. By comparison, Israel's economy is worth nearly $500bn. The UN says the war on Gaza could set back development by as much as 16 years. We look at the high cost of the Israel-Gaza war. Plus, how is Lebanon's economy being affected by the spillover of the conflict? Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile @AljazeeraEnglish #Aljazeeraenglish #News
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