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وكالة صدى نيوز
West Bank faces growing economic hardship
The article presents an extensive study of the economic and social impact caused by the escalation of Israeli occupation measures since October 7 in the West Bank, with a particular focus on the northern part of the West Bank. The proliferation of closures, movement restrictions, and infrastructure destruction has tightened the squeeze on residents and led to a decline in economic activity. The researcher pointed out that the presence of approximately 898 checkpoints in the area, along with the closure of 335 iron gates, has severely restricted movement and production, resulting in annual losses estimated at around $207 million due to movement restrictions and additional costs. He also clarified that the unemployment rate has risen to approximately 30%, and the primary source of income, such as employment inside Israel, has declined, indicating a deteriorating economic situation. Additionally, around 50,000 residents from the northern areas have been displaced. The study emphasizes that the crisis requires long-term development and investment policies, including active support for the agricultural and industrial sectors, infrastructure improvement, expansion of private sector responsibilities, and the necessity of external Arab and international support to bolster Palestinians' resilience and rebuild the economic base—aiming to prevent further collapses and achieve sustainable development.
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