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Nabil Fahmy, Secretary-General of the Arab League, received Yihya Shinara, the head of the Palestinian Monetary Authority, to discuss the economic crisis faced by the Palestinian banking sector as a result of recent Israeli measures. Fahmy stressed that Israel is pursuing policies of economic strangulation, imposing restrictions on Palestinians' foreign transactions and seizing over $6 billion from clearance funds. He condemned the full support for these policies and urged the international community to press for their end, emphasizing that the occupation is waging a comprehensive economic war on Palestine, aimed at undermining the Palestinian Authority’s capabilities and suffocating its citizens. He emphasized the need to protect the two-state solution and oppose the extremist agenda that uses the economy as a weapon to pressure the Palestinian people.
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