Palestinians line up for dwindling cash in Gaza
Palestinians line up for dwindling cash in Gaza as banks curtail withdrawals
IBRAHIM BARZAK @ talkingpointsmemo.com
Nov 24, 2008 10:34 EST
Local banks in Gaza, under pressure from Israeli sanctions, are running out of cash and desperate Palestinians lined up at branches Monday hoping to pull money out of frozen accounts.
But most banks have sharply curtailed withdrawals over the past two weeks and some have posted signs telling customers they cannot take out any more money. The U.N. stopped distributing cash handouts to Gaza's poorest last week.
Economists and bank officials are warning that tens of thousands of civil servants will not be able to cash paychecks next month........
ENTIRE ARTICLE - http://www.talkingpointsmemo.com/news/2008/11/palestinians_line_up_for_dwind.php
Comments are closed for this post.
