(MENAFN- Jordan News Agency)
New York, Sep. 15 (Petra) -- About 36 percent of the Palestinian population lives below the poverty line, the latest report issued Wednesday by the UN Conference on Trade and Development (UNCTAD) revealed.
In 2021, unemployment remained high, at 26%, in the Occupied Palestinian Territory, the report said, indicating that food insecurity increased from 9% to 23% in the West Bank, and from 50% to 53% in Gaza.
The report highlighted the role of the Israeli occupation in fragmenting the Palestinian economy and depriving its producers of access to regional and global markets, essential for a small economy with weak domestic purchasing power.
By increasing transportation and production costs, occupation impairs the competitiveness of Palestinian producers and pre-empts the realization of the benefits of international trade, economies of scale and integration into regional and global value chains, the report stated.
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