May 2020


Main reports: While the easing of measures is expected to bring economic relief, the crisis has already led to significant losses due to the overall decrease in economic activity.

Representative of the Prisoners’ and ex-Prisoners’ Affairs Authority, Hassan Abd Rabo, stated on 6 May, that some families of prisoners and ex-prisoners had complained that their bank accounts were abruptly closed.

Thousands of employees of dozens of leading Palestinian companies have committed to donate a part of their May salaries to the “Waqfet Izz” Fund to support those who have become unemployed due to the economic impact of the COVID-19 pandemic.

The Palestine Monetary Authority issued instructions on 5 May for local institutions to operate and provide electronic payment services.

In the Gaza Strip, the negative economic consequences of the pandemic started appearing immediately after the declaration of the state of emergency in early March.