Thu 1-May-2025

Gov’t to supply Gaza with electricity following bank guarantee

Wednesday 3-January-2018

After receiving a bank guarantee from the electricity distribution company in the Gaza Strip the Ramallah-based consensus government decided to supply the besieged enclave with its power needs.

An informed source told the Palestinian Information Center (PIC) on Tuesday that the government took such decision after the distribution company provided it with a bank guarantee worth 10 million dollars.

The source affirmed that the decision was taken purely within bureaucratic financial procedures and was not part of the reconciliation agreement or any steps to lift the sanctions imposed last year by the Palestinian Authority on Gaza.

However such step would end the population’s suffering from daily hours-long outages.

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