[Economics] Analysis Analysis: The PA puts its sticks in the wheels of reviving the Gaza economy

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The authority puts its sticks in the wheels of reviving the economy of the Gaza Strip, and obstructs any international efforts that would rebuild the residential and economic facilities that the Israeli occupation destroyed in the recent aggression and previous wars, while the authority continues to impose its economic sanctions that are consistent with the occupation’s siege to tighten the noose on the residents of the Strip. . The economist, Dr. Osama Nofal, that the Ramallah authority is taking advantage of the powers granted to it by the Paris Economic Agreement to serve its interests in dealing with the Gaza Strip, imposing economic sanctions on the residents of the Strip,

 

and impeding any efforts that would restore reconstruction in the besieged Strip. Nofal told "Palestine" journalist: "The authority puts sticks in the wheels of the file of the reconstruction of the Gaza Strip, as it requires donors that their financial aid enters only through its gate, and it wants from this to earn financially to improve its financial situation at the expense of those affected in the Strip." He pointed out that the authority has a previous experience in the file of reconstruction, as the donor funds that were earmarked for the reconstruction of what was destroyed by the occupation in the 2014 war went to fund the treasury of the authority, and residential and economic facilities remained destroyed.” He added that the European Union, which is one of the most important donors to the Palestinians, has reduced its aid to the Gaza Strip. Also, the World Bank stated that the funds for the reconstruction of international donors will be spent through the gate of the authority, and this means that the authority is exerting pressure on international donors

 

.Nofal stated that the authority refuses to form a higher committee to supervise the reconstruction process because it wants to be unique in the funds without accountability or oversight. Although the committee is a necessity to reassure donors that their money will go to its beneficiaries, as well as speed up the reconstruction file, Nofal pointed out that the authority imposes a financial siege on charitable institutions and societies operating in the Gaza Strip because it seeks to worsen the economic situation, as it instructs its banks to stop and impede transfers to institutions Charity Gaza Nofal stressed that the authority obtains clearing funds and taxes from major companies from the Gaza Strip, which are large funds compared to what the authority spends on Gaza, and that the authority does not direct development projects.

 

To reduce poverty and unemployment rates in the Strip, while annual employment in public sector institutions has been suspended for many years, and Gaza's share goes to the West Bank. For his part, the economist, Dr. Samir Al-Daqran: The authority is not interested in finding any economic solution to the Gaza Strip because it is betting on the element of time to attack Gaza. Al-Daqran told Filastin newspaper: "The influential people in Ramallah are trying to use any means that would put pressure on the Gaza Strip, and they are aware that these measures harm the residents of the Strip. He added that Gaza is besieged by the occupation and the Palestinian Authority together, as the Strip is closed at its crossings. Its exports and imports are controlled, and it faces a problem in bringing in its needs for the reconstruction process, and indicated that the Authority is trying to benefit from the resources of Gaza, as it is setting its sights on the gas of the Gaza Strip, as it signed an agreement with an Egyptian company without clarifying the nature and terms of this agreement, taking into account Consider that Gaza gas is one of the best discoveries, as it generates a monthly income of 150 million dollars, and can operate the two power plants in Gaza and the West Bank.Al-Daqran stressed that the PA’s sanctions and siege have caused an increase in poverty, unemployment and food insecurity rates in the Gaza Strip, and prohibited The sector has international projects in various fields, such as water, electricity, infrastructure, and sewage, while the West Bank at those times took Gaza's share of those international shares.