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
Iran's judiciary says 71 killed in Israeli strike on Evin Prison
Trump: Make the deal, get the hostages back
Al Mayadeen's correspondent: 67 Palestinians were martyred in 24 hours in the Israeli aggression on the Gaza Strip
Israeli media: For the first time, Prime Minister Netanyahu is signaling that he wants to end the war on Gaza
Israeli Channel 12, citing an American source: We want to have entered a path toward captive release and a ceasefire before Netanyahu arrives in Washington
Lebanese Ministry of Health: One martyr and two injured in the Israeli airstrike that targeted a motorcycle in the town of Mahrouna
Al Mayadeen correspondent to Southern Lebanon: An Israeli drone strike targeted a vehicle between the towns of Jwayya and Mahrouna.
Al Mayadeen's correspondent in South Lebanon: One martyred in the Israeli drone strike on a car in the town of Kawnin
Al Mayadeen's correspondent in South Lebanon: Israeli drone targets a car in the town of Kawnin
Naeini: If our national interests are attacked again, our response this time will be stronger and more destructive

'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

World Bank passes $250M project for Lebanon's post-war reconstruction

World Bank: US growth to halve as tariffs hit global economy hard

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
War on Gaza

War on Gaza

Most Read

Iranian President Masoud Pezeshkian attends a protest following the US attacks on nuclear sites in Iran, in Tehran, Iran, Sunday, June 22, 2025. (AP)

Iran declares victory as ceasefire forces Israeli retreat

  • Politics
  • 24 Jun 2025
Israeli workers survey the site where a missile launched from Iran struck in Haifa on Sunday, June 22, 2025. (AP)

True Promise 3, wave 20: 40 missiles launched, Kheibar-Shekan in first

  • Politics
  • 22 Jun 2025
Iran launches strikes on Israeli targets, despite alleged ceasefire

Iran victorious as ceasefire with 'Israel' takes effect

  • Politics
  • 24 Jun 2025
Iranian worshippers carry their country's flags in a protest to condemn Israeli attacks on multiple cities across Iran, after the Friday prayers ceremony in Tehran, Iran, Friday, June 20, 2025. (AP)

Iran warns of NPT withdrawal, Strait of Hormuz closure after US attack

  • Politics
  • 22 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
In this June, 12, 2021, file photo, former Secretary of Iran's Supreme National Security Council Ali Shamkhani sits in a meeting in Tehran, Iran.
Politics

Iran strategically foiled Israeli-US scheme, Advisor Shamkhani says

Sheikh Naim
MENA

Let no one think they can subjugate Hezbollah: Sheikh Qassem

Screengrab from a video published by the al-Qassam Brigades shows confrontations with the Israeli occupation forces in Gaza, undated (Al-Qassam Brigades Military Media)
Politics

Al-Qassam releases video of deadly ambush with Israeli forces in Gaza

International Atomic Energy Agency (IAEA) Director General, Rafael Grossi, attends an IAEA Board of Governors meeting in Vienna, Austria, Monday, June 23, 2025 (AP)
Politics

Iran bars IAEA chief Grossi from nuclear facility inspections

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