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The official said the $50 million figure — a massive number that would have represented roughly $23 spent on contraceptives for each of the 2.1 million residents of Gaza — was part of two ...
It is unclear if the entire $50 million was for condoms, which would be an incredible sum for a population of that size, or if the condoms were just part of a $50 million spending plan.
The Trump administration, eager to stop wasteful government spending, halted the distribution of $50 million in taxpayer dollars set aside to buy condoms to be sent to Gaza, White House press ...
In 2011 Gaza's economy increased by 27% while unemployment fell to 29%, its lowest in a decade. [16] In 2012, Qatar donated 400 million dollars towards construction projects in the Gaza Strip. [17] That year, 250 trucks a day passed through the Kerem Shalom border crossing, transporting goods from Israel to the Gaza Strip. [18]
The international community has sent billions of dollars in aid to the Gaza Strip to provide relief to the more than 2 million Palestinians living there. [8] From 2014 to 2020, U.N. agencies spent nearly $4.5 billion in Gaza, including $600 million in 2020 alone. [8]
As a result of the Israeli blockade, 85% of factories were shut or operated at less than 20% capacity. It is estimated that Israeli businesses lost $2 million a day from the closure while Gaza lost approximately $1 million a day. [32] The World Bank estimated the nominal GDP of the territories at US$4,007,000 and of Israel at US$161,822,000.
In February 2024, the World Bank reported that Gaza's economy had shrunk by 80 percent in the fourth quarter of 2023. [9] In May 2024, the United Nations Development Program stated $50 billion in investments had been wiped out and 1.8 million people had fallen into poverty. [ 10 ]
This page is subject to the extended confirmed restriction related to the Arab-Israeli conflict. Bombing of the Gaza Strip Part of the Israeli invasion of the Gaza Strip during the war and genocide Rimal in Gaza City following an Israeli airstrike, 10 October 2023 Location Gaza Strip, Palestine Coordinates 31°27′00″N 34°24′00″E / 31.45000°N 34.40000°E / 31.45000; 34. ...