Tuesday 26 July 2016
facebook.com/Outlookindia twitter.com/outlookindia digimag.outlookindia.com instagram.com/outlookindia youtube.com/user/OutlookMagazine

Gaza War Damage USD 4-6 Bn: Palestinian Deputy Minister

A month of fighting between Israel and Hamas in the Gaza Strip will cost the Palestinian territory at least USD 4-6 billion in damages, deputy economy minister Taysir Amro said today.

Amro said the figure included only "direct damages" to the Gaza economy and warned it could climb further once additional impacts on the 1.8 million population are taken into account.

A more precise assessment would be carried out once calm returns permanently to the overpopulated sliver of territory where more than 1,850 people were killed and nearly half a million displaced, he said.

Amro said international donors were expected to meet in Norway in September, but gave no further details.

A 72-hour truce, brokered by Egypt and the United States, came into effect at 8:00 am (1030 IST) today as the last Israeli troops left the battered enclave.

The fighting began on July 8 and expanded into an Israeli ground offensive on July 17.

Hundreds of homes were destroyed and last week the Gaza Strip's only power plant was shelled, imposing total blackouts.

The Palestinian territory, under blockade by Israel and Egypt, suffers from chronic water and power shortages.

Even before the latest fighting, Gaza suffered power cuts of eight to 12 hours a day, hampering hospitals, schools, businesses and water treatment centres.

READ MORE IN:
PLACES: IsraelPalestineGaza
SECTION: International
OUTLOOK 05 August, 2014
© Copyright PTI. All rights reserved. Republication or redistribution of any PTI content, including by framing or similar means, is expressly prohibited without their prior written consent.
Download the Outlook ​Magazines App. Six magazines, wherever you go! Play Store and App Store

Post a Comment

You are not logged in, please Log in or Register
  • Daily Mail
THE LATEST ISSUE
CLICK IMAGE FOR CONTENTS
OUTLOOK ON TWITTER
POLLS

The cricket icon is reported to have tried to curry favour with Defence Minister Parrikar for a friend's property adjoining defence land in Mussoorie. Parrikar is said to have declined to help. The recipient of India's top honour is also busy endorsing various products. Is India's legendary batsman insulting the Bharat Ratna, which was given to him after amending rules?

POLL STARTED ON: Jul 19, 2016
Quiz
Kashmir has been the scene for massive protests following the killing of Hizbul commander Burhan Wani on July 8. “Non-lethal” pellet guns used against the protesters have blinded many and 45-odd people have died in the face-off against security forces. The scale of protests have led to frayed tempers in the mainland with many resorting to high-voltage jingoism. But how well do you know Kashmir? Find out, take this quiz.
QUIZ STARTED ON: Jul 25, 2016