RAMALLAH, April 16, 2026 (WAFA) – Minister of Finance and Planning Estephan Salameh said that the repercussions of the recent war have had a heavier impact on the national economy compared to other economies in the region, amid combined pressures of inflation and continued Israeli occupation measures, particularly the withholding of around $5.1 billion in tax revenues, restrictions on the movement of goods and individuals, and control over resources.
He made the remarks during his participation, representing the State of Palestine, in meetings of finance ministers and central bank governors held on the sidelines of the Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington, D.C., from April 13 to 18, with the participation of 25 countries from the region.
He said that the government, despite scarce resources, continues to provide basic services and regularly disburses part of public employees’ salaries.
He stressed that current international efforts remain insufficient to stop the Israeli measures, which undermine governmental reform efforts, affirming the continued provision of health, education, and security services, as well as the functioning of the private sector and the banking system despite ongoing pressures.
The meetings discussed the repercussions of geopolitical tensions on regional and global economies, including trade, energy, supply chains, as well as challenges related to growth, inflation, and food security.
Salameh presented a set of proposals, most notably obligating Israel to implement signed agreements, ensuring freedom of movement, trade and financial flows, returning withheld tax revenues and halting deductions, in order to help restore economic stability and open a political horizon.
T.R.



