24 Hrs
شبكة قدس الإخبارية
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شبكة قدس الإخبارية

2026-08-26T09:48:00.000Z

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شبكة قدس الإخبارية

Source: شبكة قدس الإخبارية

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Palestinian debt benefits near 800M shekels

Palestinian debt benefits near 800M shekels

The article addresses the rising cost of the Palestinian government's sovereign debt service, as the government pays over 800 million shekels annually in interest alone, excluding the principal of the loans. The bill has increased from approximately 470 million shekels in 2022 to more than 800 million, representing an increase of over 70%. The rise in interest rates and debt restructuring have contributed to higher borrowing costs, with public debt reaching 14.23 billion shekels by the end of May 2026—about 130% of the gross domestic product—while total government obligations, including arrears, amount to $17.4 billion.

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