Gaza’s Economy Thrives Amidst Israeli Bombardment | Global News

The Gaza Strip has been transformed into a war economy, where survival is the main focus for its residents. In the aftermath of Israel’s bombardment and siege following a Hamas-led attack, the enclave’s economy has been decimated, leaving people struggling to find basic necessities.

On the streets, vendors sell used clothes, baby formula, canned food, and even aid parcels meant to be distributed for free. The desperation is palpable as people try to make a living in any way they can, whether by selling goods or offering services like evacuating displaced individuals.

According to Palestinian economist Raja Khalidi, this is not like any war seen before, where certain areas can quickly recover economically. The entire economy of Gaza has been put out of commission, leaving the majority of Palestinians facing poverty on multiple levels.

The restricted supply and desperate demand for aid have driven prices up, making it even more difficult for people to afford basic necessities. Transportation away from the airstrikes is costing hundreds of dollars for those fleeing the conflict.

The situation in Gaza is dire, with limited access to healthcare, education, and housing exacerbating the already dire economic conditions. As the conflict rages on, the people of Gaza are left to navigate a harsh reality where survival is the top priority.