Gaza war to reverse years of growth in Palestinian economy - World Bank

JERUSALEM (Reuters) - War in Gaza will contribute to a reversal of seven years of growth in the Palestinian economy, now expected to shrink by nearly four percent this year, the World Bank said in a report on Tuesday.

The Gaza Strip - run by the Hamas Islamist group that is shunned by the West - will see contraction of as much as 15 percent, while a slight recovery in the fourth quarter could push West Bank growth to about 0.5 percent, the World Bank said.