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Gaza's economic plight requires trade, not just aid - World Bank

Reuters  |  GAZA 

GAZA (Reuters) - Economic decline in the Gaza Strip has become too steep to be tackled by international aid and also requires that the Israeli- and Egyptian-blockaded Palestinian enclave be allowed freer trade, the World Bank said on Thursday."The (Gaza) economy cannot survive without being connected to the outside world," it said in a 46-page report issued as world powers convened in Rome to discuss the future of a U.N. relief agency for Palestinians threatened by U.S. funding cuts. "Any effort at economic recovery and development must address the impacts of the current closure ...

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First Published: Thu, March 15 2018. 03:48 IST