UN: Israeli occupation of the West Bank has cost the Palestinians billions of dollars

According to Fars News Agency’s International Group, the United Nations said in a report that the Israeli regime’s siege, restriction and military operations in the occupied West Bank have caused $ 57.7 billion in financial and economic losses to the Palestinians since 2000.

The report is reviewed by the United Nations Conference on Trade and Development (UNCTAD) on Israeli policy after the second Palestinian intifada in September 2000.

“We estimate that about one-third of Palestine’s GDP has been lost as a result of the Israeli occupation mechanisms,” said Richard Kozel Wright, UNCTAD’s director of development, according to TRT.

“The economic costs of the occupation for the Palestinian people; “Poverty in the West Bank between 2000 and 2019”, estimates that these costs are three and a half times the GDP of the occupied areas of the West Bank in 2019.

This shows that the cost of poverty alleviation in the West Bank increased sixfold between 1998 and 2007, from $ 73 million to $ 428 million.

The report also highlights the free fall in living standards in the West Bank during this period, saying the poor have suffered the most.

The UN also said in the report that without Israeli operations in the West Bank after the second intifada, the poverty rate in 2004 should have been around 12 percent; That is one-third of 35 percent observed.

The expansion of Zionist settlements and the destruction of Palestinian homes, farms and farmland by force in recent years have exacerbated tensions and increased homelessness and unemployment in the West Bank.

Hundreds of thousands of Israelis live in Jewish settlements built by the Zionist regime after the 1967 war and the occupation of Palestinian lands in the West Bank and East Jerusalem.

The United Nations and most of the countries of the world consider the settlements of the Zionist regime illegal because the regime occupied these lands in the war of 1967, and according to the Geneva Convention, any construction by the occupier in the occupied territories is prohibited.

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