Thursday, March 29, 2012

Losses in millions of dollars due to Gaza power crisis

Losses in millions of dollars due to Gaza power crisis



GAZA, (PIC)-- The Gaza Strip has lost millions of dollars in economic damages as a result of the fuel and power crisis that has been plaguing the enclave for more than a month, an economic expert said.
Dr. Maher Al-Taba, public relations director at Gaza chamber of commerce, told Quds Press that all economic sectors were negatively affected, adding that the losses are estimated at millions of dollars but could not determine an exact figure due to the continued losses.
The industrial, agricultural, and commercial sectors along with transport and services sectors were badly affected, he said, adding that return of regular power and supply of fuel are a must for an economic recovery in the Strip.
The only electricity generation station in Gaza has stopped due to lack of fuel.