Home » Video. Cash shortage forces Gazans to pay high price for their own money

Video. Cash shortage forces Gazans to pay high price for their own money

by Marko Florentino
0 comments


Cash has become almost as scarce as food or fuel in the Gaza Strip, where Israeli shekels remain the primary currency but fresh notes have stopped arriving.

Torn or worn banknotes are often refused by vendors, forcing people to pay to “repair” money, a service that costs up to 10 shekels per note.

At a time of soaring inflation and unemployment, families are selling possessions to buy essentials.

Inflation surged 230% in 2024 and unemployment topped 80%, leaving daily survival in Gaza increasingly dependent on physical cash, and the soaring cost of simply getting it.



Source link

You may also like

Leave a Comment

NEWS CONEXION puts at your disposal the widest variety of global information with the main media and international information networks that publish all universal events: news, scientific, financial, technological, sports, academic, cultural, artistic, radio TV. In addition, civic citizen journalism, connections for social inclusion, international tourism, agriculture; and beyond what your imagination wants to know

RESIENT

FEATURED

                                                                                                                                                                        2024 Copyright All Right Reserved.  @markoflorentino