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Private Sector: Israel Responsible for Shekel Crisis

Private Sector: Israel Responsible for Shekel Crisis

The Palestinian Private Sector Coordinating Council confirmed that Israel bears responsibility for the Shekel currency stagnation crisis, which has led to the accumulation of large amounts of cash in Palestinian banks. This situation imposes financial and security burdens on the banking sector and threatens the stability of the Palestinian economy. It called on international parties to pressure Israel to issue the necessary approvals for the shipment of excess currency, in order to mitigate the crisis's impact on the Palestinian economic sector.

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