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March 24, 2022       Share:    

Source: https://www.jpost.com/middle-east/article-701952

Economic Fallout from Russia-Ukraine War Hits Gaza

(Media Line-Jerusalem Post) Sanaa Alswerky - The economic repercussions of the Russia-Ukraine war have reached Gaza, where prices have rocketed as a result of the rise in energy and transportation costs as well as in the price of building supplies. The price of steel and cement has jumped by 30%, said Imad AbuMatar, a Gaza-based contractor. The war has sent food prices sharply up too, with the world price of flour rising by more than 30%.

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