West Bank Economy on the Verge of Collapse

West Bank Economy on the Verge of Collapse

The West Bank economy is on the verge of collapse. Since the Hamas attack on Israel in October 2023, the Israeli Government has imposed new financial sanctions and tightened movement restrictions. These measures have had a dire effect on the Palestinian economy, disrupting livelihoods and restricting the Palestinian Authority’s access to funds and customs revenues. As a result, the cost of living has gone up, unemployment has increased and short-term poverty has more than doubled. In this video, Crisis Group’s Special Adviser for the Middle East and North Africa, Joost Hiltermann, explains how these restrictions are impacting Palestinian’s daily lives and affecting their prospects for economic and political independence. #WestBank ------------------------------------------------------------------------------------------------------ Subscribe to our channel: https://www.youtube.com/channel/UCj015l-Gu66iB80-X_sr9tw And find us on Twitter: https://twitter.com/CrisisGroup Facebook: https://www.facebook.com/crisisgroup/ LinkedIn: https://be.linkedin.com/company/international-crisis-group And Instagram: https://www.instagram.com/crisisgroup/