Leveling Gaza: Israel Airstrikes to Cost Gaza over $300 million – Report

The eight-day Israeli assault on Gaza has resulted in $300 million in economic damage, a Palestinian Chamber of Commerce report concludes. The document also calls for the Gaza Strip to be recognized as an economic disaster area.

­The report covered damages to the agricultural, health and social sectors. The occupied territory’s agrarian segment suffered $120 million in damage. The eight-day halt to economic activities resulted in $40 million lost. The rest of the sum comes from destroyed buildings and infrastructure that was impaired by Israeli airstrikes, Xinhua reported.

To deal with the disastrous economic consequences of the raid, the report calls for a lift of Israeli restrictions on Gaza in accordance with the truce that ended the operation on Wednesday.

Besides economic damage, the Israeli response to Hamas’ rocket attacks killed 168 Palestinians, most them civilians.
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