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The Palestinian economy has been totally devastated after a year of war in the Gaza Strip between Israel y Hamashighlighted yesterday International Monetary Fund (FMI).
According to data from the financial institution, the GDP of the Gaza Strip fell 86% in the first half of this year compared to the same period in 2023, while the economy of West Bank contracted 25% in the same period, said the communications director of the FMI, Julie Kozackduring a press conference.
The Gazan population “must face disastrous socioeconomic conditions, deepened by the humanitarian crisis ongoing and insufficient access to international aid,” Kozack added.
Los bombings incessant Israel following the attack perpetrated by Hamas in the south of the country on October 7, which caused the death of more than a thousand people, in turn caused almost 42 thousand fatalities in Gaza and more than 97 thousand injured, according to the latest balance published on Thursday by the Ministry of Health of the strip controlled by the Islamist group.
Israel also suffers economic consequences from the conflict, which sharply reduced tourism in the region, and mobilized a good part of its workforce, with a drop in 20% desu PIB in the last quarter compared to the last quarter of 2023.
The extension of the conflict to Lebanon “It reinforces risks and uncertainty and could have important economic consequences in the region and beyond,” added the spokeswoman for the FMI.
Israel claims that it seeks to weaken Hezbollah -who initiated hostilities against Israel in support of his ally Hamas, to allow the return of tens of thousands of people displaced by violence in the border regions.
According to official Lebanese figures, more than 1,928 people have died in Lebanon from October 2023among them more than a thousand since the explosions of transmission equipment Hezbollah on September 17 and 18, attributed to Israel, and the beginning of massive bombings on September 23 against the south and east of the country and the southern suburbs of Beirut.
He government of lebanon It is estimated that around 1.2 million people have been displaced by these attacks.
ARGENTINA RECOVERS
He International Monetary Fund (IMF) sees “signs of an incipient economic recovery” in Argentina, But addressing high poverty rates “remains a priority,” a spokeswoman for the financial organization said yesterday.
Since the eighth revision the government of liberal president Javier Milei “has continued to apply the” credit program for 44 billion dollars contracted with the IMF.
The application of the program has resulted in a reduction in inflation and the fiscal deficit.