Palestinian Economy Brings Up Debt Crisis Amid Escalating Tensions with Israel Over Gaza

The Palestinian economy is facing a critical downturn amid an escalating fiscal crisis, exacerbated by Israel's ongoing assault on Gaza, tightened restrictions on movement and trade in the occupied West Bank, and other factors that have severely impacted economic activity and investment. The economic downturn has significant implications for the livelihoods of Palestinians, with widespread job losses, reduced income, and heightened poverty rates. The Palestinian Authority is struggling to cope with the financial strain, and a crisis of confidence is growing among investors and consumers alike.