Gaza War Has Caused $18.5 Billion in Infrastructure Damage, New Report Shows
- Housing destruction accounts for most of infrastructure harm
- Word Bank, UN paint bleak picture of war’s humanitarian costs
Humanitarian aid is dropped over Gaza on April 1.
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Israel’s military offensive in the Gaza Strip has destroyed about $18.5 billion in infrastructure, equal to about a year’s worth of economic output in the enclave and the West Bank, according to a new report that outlined the devastating economic impact of the Hamas war.
The findings offer one of the most detailed assessments yet of the destruction that’s resulted from the military campaign that Israel launched in the days after Hamas militants attacked the country’s south on Oct. 7 and killed some 1,200 people. About 32,000 Palestinians have been killed in the response, according to the Hamas-run health ministry.