2014, worst for Gaza economy in decades

Tehran, Jan 3, IRNA -- Economists from Gaza considered the year 2014 as the worst for Gaza in decades, with the summer Israeli genocidal aggression being the most influential factor behind the current situation. The experts also partially attributed the existing economic relapse to the continuing Israeli blockade and the tight restrictions Israel imposes on the entry of commodities, raw and construction materials. Destruction of factories and industrial and agricultural facilities by Israel were also seen a reason behind this setback, the economists said, according to qodsna.ir. While unemployment reached over 50% of the total Gaza population, poverty closed at 80%, marking the worst trend in decades./end