Palestine, together with the World Bank, the UN and the EU, is developing a large-scale plan to revive the economy in the Gaza Strip, Palestinian State Minister for Foreign Affairs Varsen Aghabekian-Shahin said.
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“In collaboration with the World Bank, the UN and the EU, work is underway to launch a large-scale economic and social development program. Detailed plans for various sectors are also being prepared,” Aghabekian-Shahin said, noting that the Palestinian government has prepared a plan to revive the Gaza Strip in all spheres.
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On October 7, 2023, Israel was subjected to an unprecedented rocket attack from the Gaza Strip. After this, fighters from the Palestinian Hamas movement entered the border areas, opened fire on military and civilians, and took more than 250 hostages. According to authorities, about 1.2 thousand people died.
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The Israel Defense Forces launched Operation Iron Swords in the Gaza Strip, which included attacks on civilian targets. Israel announced a complete blockade of the enclave: supplies of water, electricity, fuel, food and medicine were stopped. According to the Gaza Ministry of Health, the death toll in Israeli strikes on the enclave since October 7 has exceeded 40.5 thousand, and more than 93.7 thousand people have been injured.