Palestine’s private sector suffered losses of US$1.5 billion since Gaza war began ...Egypt

The Palestinian Central Bureau of Statistics (PCBS) revealed on Wednesday that the total losses of the private sector amounted to $1.5 billion since Israel’s assault on the Gaza Strip began on October 7. It stated in a statement that Palestine’s private sector has lost an average of $25 million per day since the war, “excluding losses in property and fixed assets that have not been calculated.” The number of private sector establishments in Palestine is estimated at about 176,000, with 56,000 in the Gaza Strip and 120,000 in the West Bank. Palestinian Census estimates indicate that up to 29 percent of West Bank establishments were impacted by a decline in production, or 35,000 establishments

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