Gaza notables and mukhtars warn of repercussions of bank account closures and freezes

Gaza notables and mukhtars warn of the repercussions of closing and freezing bank accounts and electronic wallets, considering it a devastating blow to the exhausted economy in the Strip. They accuse the Israeli occupation of exerting security pressure to paralyze economic life and dry up sources of support. They call on the Monetary Authority and the Bank of Palestine to assume responsibility and reject Israeli dictates.

Notables, mukhtars, and reform figures in the Gaza Strip warn of the repercussions of closing and freezing bank accounts and electronic wallets, amid deep concern over the impact of these measures on economic and living conditions in the Strip. The speakers accuse the Israeli occupation of exerting security pressure aimed at paralyzing what remains of the arteries of economic life and drying up sources of support and relief. Reform figure Muawiya Abu Luban says the step represents a "devastating and deliberate blow" to the exhausted social and economic structure, warning that responding to Israeli dictates means a "death sentence for livelihoods and immediate famine." Mukhtar Muhammad Nassar confirms that the repercussions extend to every home and family, especially given the scarcity of cash liquidity and total reliance on electronic payment. The notables call on the Monetary Authority and the management of the Bank of Palestine to assume their moral and national responsibilities and reject external dictates, warning that closing accounts will lead to paralysis in the supply of goods and a catastrophic vacuum in the markets.