11 Hrs
Source:
وكالة صدى نيوز
Nablus faces economic difficulties
A report on the economic situation in Nablus for the year 2026 indicates that the city is experiencing a severe economic recession due to Israeli aggression and the measures imposing restrictions on commercial movement. This has led to an 8% decrease in Palestine's gross domestic product (GDP) in the first quarter. Unemployment has risen to 27.9% in the West Bank, and the living conditions of families have deteriorated, with declining demand for goods and services. Additionally, the blockade and closures have impacted economic activities in the city. Experts and the business community affirm that continuing the crisis requires financial and political solutions, such as releasing tax revenue funds, improving wage conditions, and expanding economic projects, in order to boost economic recovery and restore commercial activity in Nablus.
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