Fri 25-October-2024

Association calls for saving Gaza’s economy from collapse

Wednesday 31-January-2018

The Palestinian Businessmen Association in Gaza on Wednesday called on the European Union (EU) to immediately intervene to save Gaza’s economy form an imminent collapse.

Chairman of the Association Ali al-Hayek during a meeting handed the director of the EU office in Gaza Ayman Fteiha a letter in which businessmen in Gaza ask the EU to intervene to save Gaza’s economy which is on the verge of collapse in view of the tightened blockade and the absence of any solutions.

The Association called for urgent assistance to the private sector which provides 70% of job opportunities in Gaza especially in light of the extremely high unemployment rate.

The Coordination Council for Private Sector Institutions called for lifting the restrictions imposed on the Gaza reconstruction operation which led to the suspension of many construction projects and robbed more than 70000 Gazan workers of their jobs.

The Council stressed the need to pressure the US to reverse its latest decisions to withhold aid to UNRWA and limit its activities particularly in the Gaza Strip.

Lifting the blockade and achieving Palestinian reconciliation according to the Coordination Council for Private Sector Institutions should be among the first steps taken to alleviate the suffering of the Palestinian people in Gaza at all levels.

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