World Bank

World Bank: Israel destroyed 93% of banks in Gaza

Wednesday-18-December-2024

The World Bank said the Israeli genocidal war on the Gaza Strip is pushing the Palestinian territories into an unprecedented financial crisis.

World Bank: Residents of the Gaza Strip suffer from 100% poverty and 250% inflation

Thursday-26-September-2024

The World Bank said all the residents of the Gaza Strip suffer from poverty, which amounted to 100%, and an inflation that exceeded 250%, due to the consequences of the ongoing Israeli genocide war for almost a year now.

World Bank warns of growing Israeli restrictions on Palestinians

Tuesday-19-September-2023

Israel’s restrictions and growing financial constraints in the West Bank and Gaza Strip are severely impacting the economic conditions of Palestinians and hindering their access to timely life-saving healthcare the World Bank warned in a recent report.

World Bank: Gaza economy is collapsing

Tuesday-25-September-2018

The World Bank on Tuesday warned that the economy in the Gaza Strip is "collapsing" mainly due to the 12-year blockade on the coastal enclave in addition to cuts in donor aid.