RAMALLAH, February 9, 2025 (WAFA) – The Palestinian economy has been enduring a severe crisis since October 7, 2023, due to the escalation of Israeli military aggression. According to financial expert Moayad Afnana, the economy has shrunk by 28% of its gross domestic product (GDP) as a result of these circumstances.
In an interview with Voice of Palestine radio on Sunday, Afnana elaborated that the stringent Israeli military restrictions, which include 898 checkpoints and gates, have crippled commercial movement between West Bank cities, particularly in Jenin, Tulkarem and Tubas. These areas have been subjected to a systematic siege and widespread destruction of infrastructure.
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