Gaza suffers ‘world’s most severe economic crisis on record’, UN says

Gaza suffers ‘world’s most severe economic crisis on record’, UN says Submitted by MEE staff on Fri, 09/25/2026 - 08:30 UNCTAD report says Israeli attacks have devastated Gaza’s economy, with $71.5bn needed for recovery and reconstruction An Israeli flag flutters in Gaza, as seen from the Israeli side of the border, 23 September 2026 (Amir Cohen/Reuters) Off The Gaza Strip has suffered the world’s most severe economic crisis on record following three years of Israeli genocide, according to a UN report. The report