Banks tighten restrictions in Gaza.. and the citizen pays the cost of accessing their money

A report on banking restrictions in the Gaza Strip, where citizens face difficulties accessing their money due to tightened withdrawal and deposit procedures, amid accusations against banks and the Monetary Authority of negligence, which has opened the door for the black market.

A report from the newspaper "Palestine" addresses the growing controversy over banking restrictions in the Gaza Strip, where citizens complain of difficulty accessing their money due to tightened withdrawal and deposit procedures and complex banking transactions, at a time when the capacity of branches and ATMs to provide services has declined. Economist Ahmed Abu Qamar believes that the banking sector failed in its duties during the war, paving the way for black market traders to control the scene by deducting percentages from citizens' money. He calls for lifting restrictions, streamlining operations, managing damaged currency, and pressuring the occupation to allow liquidity. In contrast, economist Walid al-Jadi sees that the complexities are divided into two parts: restrictions on accounts linked to legal violations, and exploitation by informal traders of rented accounts. He supports restricting illegal activities due to their negative effects on the economy.