Financial strains in Gaza challenge Hamas finances
Hamas is facing an increasing financial crisis in the Gaza Strip, related to the difficulty of disbursing cash salaries to employees and members, due to the declining acceptance of old banknotes and the growing reliance on electronic payment methods. This crisis, which is accompanied by Israeli targeting of the financing system, has led to a reduction in the use of physical cash and a rise in digital transfers. Traders are adopting new methods to convert cash into electronic accounts, despite deductions of up to 10%. This shift has resulted in difficulties in paying salaries, which vary from amounts close to a thousand shekels every 100 days for government employees, to about 60% of the salaries of militia members every 40–50 days. Meanwhile, Israel continues to target money transfer networks linked to the movement.
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