Egypt's closure of tunnels 'costs Gaza $230 million monthly'

Hamas announced that the closure of tunnels has caused monthly losses of $230 million to its economy.

Egypt's closure of tunnels 'costs Gaza $230 million monthly'

World Bulletin / News Desk

Egypt's closure of tunnels has caused monthly losses of $230 million to its economy, a Hamas official said Sunday.

The "closure of the tunnels caused heavy losses to the industry, commerce, agriculture, transport and construction sectors" of around $230 million monthly, said Hatem Oweida, deputy economy minister of Hamas.

According to a recent UN report, 80 percent of all tunnel transport activity has been brought to a halt as a result of the Egyptian army's recent activities.

Last Mod: 28 Ekim 2013, 13:22
Add Comment