23 Hrs
Source:
وكالة صدى نيوز
Small Businesses Confronting Economic Challenge
The article discusses the importance and role of small and micro-enterprises in supporting the Palestinian economy, especially amidst deteriorating economic and political conditions and rising unemployment rates. The report clarifies that these enterprises constitute between 90% and 95% of active establishments in Palestine and play a crucial role in providing job opportunities, particularly as incomes decline and financial distress increases, with some cases reaching a 20% failure rate. It also highlights that financing these projects faces significant challenges and requires accessible and appropriate funding, with an emphasis on sustainable sectors such as agriculture, industry, and services. The article encourages youth to start small businesses and expand gradually, while also stressing the need to improve financing policies and support the productivity of the national economy to confront the escalating economic crises.
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