Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
IOF kill two Palestinian youths during raid on Kafr Aqab, north occupied Al-Quds.
Iran Foreign Ministry: We reaffirm Iran's principled position in rejecting the possession of nuclear weapons and all weapons of mass destruction.
Iran Foreign Ministry: Washington and European capitals ignore the weapons of mass destruction possessed by the Zionist entity, which threatens stability in the region.
Iran Foreign Ministry: Imposing the decision on the Board of Governors is clear evidence of the insistence on using the Agency as a tool to pressure Iran.
Iran Foreign Ministry: The decision by the IAEA Board of Governors, pushed through by the European Troika and Washington, is illegal and unjustified.
French Foreign Ministry spokesperson says E3 wants to reopen the way for diplomacy with the Iranian nuclear program.
Araghchi: The Cairo agreement has been effectively cancelled following the illegal action taken by the E3 countries at the Security Council
Araghchi: The E3 and Washington are undermining the credibility and independence of the IAEA and disrupting the course of cooperation between the agency and Iran
Araghchi, commenting on the IAEA decision: The United States and the E3 are ignoring Iran's good faith
Iran's representative in Vienna: Iran is holding consultations with non-aligned countries to prepare a response to the IAEA's resolution

'Israel' causes damage worth $18.5bln against Gazan infrastructure: WB

  • By Al Mayadeen English
  • Source: News websites
  • 3 Apr 2024 08:53
  • 2 Shares
3 Min Read

A report by the World Bank, the UN, and the EU estimated the cost of damages 'Israel' caused in the Gaza Strip, at $18.5 billion.

  • x
  • Palestinians inspect the damage to a residential building for the Moussa family after an Israeli airstrike in the Maghazi refugee camp, central Gaza Strip, Friday, March 29, 2024. (AP)
    Palestinians inspect the damage to a residential building for the Moussa family after an Israeli airstrike in the Maghazi refugee camp, central Gaza Strip, Friday, March 29, 2024. (AP)

The World Bank, in collaboration with the United Nations and the European Union, found that "Israel" has inflicted material damages worth $18.5 billion through its genocidal war in Gaza, the joint report indicated. 

According to the report which was published on Tuesday, every single one of Gaza's economic sectors has been severely affected by the magnitude of Israeli bombardments against Palestinian infrastructure, with 70% of damage costs coming from destroyed homes. 

"For several sectors, the rate of damage appears to be leveling off as few assets remain intact," the World Bank said. 

Moreover, 84% of Gaza's health facilities have been completely destroyed, while water and sanitation systems were reportedly barely functioning, supplying Gaza with less than 5% of its pre-war yield.

🚨 We were working here in the largest hospital in the Gaza Strip (Al-Shifa Hospital).. I became an ashes!! pic.twitter.com/UAu6ccjizD

— Dr. Abdallah Mohammed (@jjjjwza) April 3, 2024

The estimated damage equaled 97% of Gaza and the West Bank's combined 2022 GDP. 

This comes as over 70% of Gaza's population has been forcefully displaced due to "Israel's" carpet bombing of the entirety of the Strip. 

It is worth noting that the report covers only the first four months of the Israeli genocide, which is now nearing its seventh month. 

Related News

Syria not seeking IMF, World Bank loans: Interim finance minister

World Bank projects modest economic growth for Syria in 2025

Read more: IOF leave behind trail of terror at Gaza's al-Shifa hospital

34 Palestinians starved to death

The report also reiterated warnings of famine the UN has been sounding for weeks. 

Last week, the United Nations Office for Humanitarian Affairs warned that "time is running out, and obstacles to accessing aid persist in the Gaza Strip."

The statement emphasized that "over 1.1 million people in Gaza are facing severe levels of food insecurity," asserting that "there is no alternative to delivering aid by land to save lives, particularly in northern Gaza."

In this context, four Palestinians died of famine on Sunday at Kamal Adwan Hospital in the northern Gaza Strip, bringing the total number of Palestinians who have fallen victim to malnutrition and dehydration to 34.

Sources reported to Palestinian news agency WAFA that two of the martyrs were children amid a shortage of medical supplies and humanitarian aid imposed by the Israeli occupation.

This brings the total number of deaths from malnutrition to 34 Palestinians, 31 of whom were children.

The US State Department said that famine "likely" exists in at least some regions of northern Gaza, with other areas at risk of plunging into starvation conditions, Reuters reported.

Washington's statements clearly contradict Israeli allegations that sufficient food and other aid are being allowed into Gaza. Last week, the UN Agency for Palestinian Refugees (UNRWA) confirmed that Israeli occupation forces had definitively barred the agency from making aid deliveries in northern Gaza.

Read more: Between geocide and genocide, 'Israel' rendering Gaza uninhabitable

  • World Bank
  • Palestine
  • Israeli aggression
  • Israel
  • United Nations
  • Gaza
  • famine in Gaza

Most Read

Russia's Minister for Foreign Affairs Sergey Lavrov addresses the 80th session of the United Nations General Assembly, Saturday, Sept. 27, 2025, at U.N. headquarters. (AP Photo/Pamela Smith)

UN states overwhelmingly back Russia's anti-Nazism resolution

  • Politics
  • 14 Nov 2025
Investigations revealed a Turkish doctor and an Israeli were responsible for sourcing clientele for organs, who paid in excess of $100,000 for transplants. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

The global Zionist organ trafficking conspiracy

  • Palestine
  • 15 Nov 2025
25 oil‑exporting states tied to 'Israel’s genocide in Gaza: Report

25 oil‑exporting states tied to 'Israel’s' genocide in Gaza: Report

  • Politics
  • 14 Nov 2025
Ukrainian political analyst Mikhail Chaplyha has written that Jolie was ‘called’ to Kherson in order to divert attention from Pokrovsk. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

Strategic cities fall to Russian forces in Donbass; Ukraine denies what is happening

  • Opinion
  • 16 Nov 2025

Coverage

All
In Five

Read Next

All
An Israeli army bulldozer demolishes homes next to a mosque in the Palestinian urban refugee camp of Nur Shams, in the West Bank, Tuesday, May 6, 2025. (AP Photo/Majdi Mohammed)
Politics

'Israel' committed multiple war-level expulsions across West Bank: HRW

Russian–Chinese talks on missile defense, strengthening sstr
Politics

Russia, China hold high-level talks on missile defense

Israeli Prime Minister Benjamin Netanyahu addresses lawmakers in the Knesset, in occupied al-Quds, occupied Palestine, Monday, November 10, 2025 (AP)
Politics

Netanyahu rejects Palestinian state as condition for Saudi deal

Obama speechwriter: Youth learned wrong lessons from holocaust
Politics

Obama speechwriter: Youth learned wrong lessons from holocaust

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS