BUSINESSTIMES OF ISRAEL
‘Economic warfare?’ In the West Bank, too much cash is breaking the Palestinian economy
Palestinian banks in the West Bank are struggling to convert excess cash into electronic balances, hindering their ability to process transfers due to limits on physical currency Israel takes from the Palestinian Authority (PA). The situation has raised concerns about 'economic warfare' impacting the Palestinian economy.
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- The Palestinian economy is struggling. In the West Bank, the problem is too much cash
- The Palestinian economy is struggling. In the West Bank, the problem is too much cash
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