1 Day
Source:
وكالة صدى نيوز
Tulkarm faces mixed economic signs
The article points out that Tulkarem Governorate, one of the most important economic regions in northern the West Bank, has been experiencing a severe economic crisis for the past three years due to escalating political and security repercussions that began in October 2023. Closures, movement restrictions, checkpoints, and raids and destruction operations have caused approximately 82.9% of economic establishments to cease operations temporarily or permanently, leading to significant declines in production and revenues. Although there has been limited improvement following the opening of the Jabara crossing, the crisis persists and requires measures in infrastructure, electricity, market regulation, and investment stimulation to ensure economic growth is restored. The market faces rising unemployment rates reaching 28.7%, with the number of workers in Israel and settlements declining from about 172,000 to roughly 51,000. Additionally, weak infrastructure and electricity pose obstacles to re-investment and project revitalization. The article anticipates that restoring economic activity will require a stable environment, improved basic services, and the development of new sectors such as food industries and tourism, with a focus on supporting the private sector to promote sustainable growth.
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