19 Hrs
Source:
وكالة صدى نيوز
Source: وكالة صدى نيوز
19 Hrsوكالة صدى نيوز
Source: وكالة صدى نيوز
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The results of the Israeli and U.S. elections could open a political window for the Palestinian economy, but they do not guarantee an automatic breakthrough. Their impact will depend on the policies of the next Israeli government and on practical decisions concerning clearance revenues, workers, crossings, and banking relations. Possible scenarios range from partial improvement if restrictions ease to a continuation or worsening of the crisis. Experts do not expect a full recovery without the restoration of production, trade, and investment, and control over resources. The economy is under severe pressure, including the withholding of clearance revenues for more than 18 months, the payment of only about half of public employees’ salaries, and banks’ exposure to the public sector of roughly $5.3 billion—equivalent to 42% of total lending. The experts concluded that Palestinians must prepare plans to address possible scenarios rather than wait for external political outcomes.
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