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  • Author: Emad Drimly, Fares Akram
  • Publication Date: 11-2018
  • Content Type: Special Report
  • Institution: Pal-Think For Strategic Studies
  • Abstract: GAZA, Hamas parliamentary bloc has recently approved the financial budget for Hamas’ government in the Gaza Strip, officials said on Monday. The Hamas-dominated Palestinian Legislative Council (PLC) approved the budget, although other parliamentary blocs, including Palestinian President Mahmoud Abbas’s Fatah movement, boycotted the session. The budget for the fiscal year is 428 million U.S. dollars and it applies only in the Hamas-controlled Gaza Strip, excluding the West Bank which is ruled by the Palestinian National Authority (PNA) led by Abbas. Fatah says the PLC sessions have been illegal since June 2007 when Hamas routed pro-Abbas forces and seized control of the coastal strip. The approval of the budget took place as Israel still keeps a tight blockade on Gaza and amid vagueness and controversy over Hamas’ financial resources. In the West Bank, the Western-backed Abbas government goes through fiscal crisis despite financial support from the international community.
  • Topic: Democratization, International Political Economy, Geopolitics
  • Political Geography: Gaza
  • Publication Date: 09-2018
  • Content Type: Special Report
  • Institution: Pal-Think For Strategic Studies
  • Abstract: Investment opportunities are rare in the Gaza Strip. So when Nabila Ghabin saw one last year, she pawned her car and jewelry and put $12,000 into a network of tunnels that brought in supplies smuggled from Egypt. She was one of about 4,000 Gazans who gave cash to middlemen and tunnel operators in 2008 as Israel blocked the overland passage of goods. Then Israeli warplanes bombed the tunnels before and during the Dec. 27 to Jan. 18 Gaza offensive and the investments collapsed. Now investors, who lost as much as $500 million, want their money back from Hamas, which runs Gaza. Hamas Economics Minister Ziad Zaza says about 200 people were taken into custody in connection with the tunnel investments; most have been released. Hamas is offering a partial repayment of 16.5 cents on the dollar using money recovered from Ihab al-Kurd, the biggest tunnel operator. The imbroglio over the 800 to 1,000 tunnels has deepened Hamas’s decline in public opinion in Gaza and highlights the Wild West nature of the underground economy that supports this jammed enclave of 1.4 million people
  • Topic: International Political Economy, International Security, International Affairs
  • Political Geography: Gaza