Sheikh Holds Expanded Economic Meeting with Chambers of Commerce to Discuss the Impacts of the Economic Crisis on Citizens' Lives

SadaNews - Today, Wednesday, the Deputy Prime Minister of the State of Palestine, Hussein Sheikh, held an expanded economic meeting with the head of the Palestinian Union of Industrial and Commercial Chambers and the heads of the chambers of commerce in the northern governorates, to discuss the repercussions of the escalating economic crisis on the lives of citizens, and the ways to mitigate its effects and strengthen the resilience of the national economy.

This meeting was attended by the Minister of National Economy, Mohammed Al-Amour, the head of the Civil Affairs Authority, Ayman Qandil, the assistant minister of finance, Majdi Al-Hassan, the deputy governor of the Palestinian Monetary Authority, Mohammed Manasra, and the advisor to the vice president, Dr. Yasir Abu Bakr, in addition to the heads of the chambers of commerce in Jerusalem, Ramallah and Al-Bireh, Hebron, North and South Hebron, Qalqilya, Tulkarm, Jenin, Jericho, Bethlehem, Salfit, and Tubas.

Sheikh emphasized during the meeting that the Palestinian leadership follows the repercussions of the economic crisis on a daily basis and is working to harness all available resources to alleviate its impacts on citizens, stressing that protecting the resilience of our people's livelihood and maintaining the stability of the national economy represents a national priority at this critical stage.

He pointed out that facing the current challenges requires a real partnership between the government, the private sector, and financial institutions, calling for the unification of efforts to maintain the continuity of economic facilities, protect job opportunities, and support productive sectors, thereby enhancing the Palestinian economy's ability to withstand challenges.

Sheikh listened to the interventions of the heads of the chambers of commerce, who presented the main challenges facing the Palestinian markets, and the repercussions of the crisis on commercial and investment activities, affirming the importance of taking urgent measures to support the private sector and provide the necessary facilities for the continuity of economic activity, alleviating the burdens on citizens.

The attendees reviewed the current economic reality amid the ongoing Israeli measures targeting the Palestinian economy, foremost among which is the withholding of clearance funds, the liquidity surplus crisis of the shekel, and the resulting decline in commercial and productive activity, rising unemployment rates, and increasing living burdens on citizens, which has directly impacted various economic sectors.