West Bank poverty may double over pandemic as annexation looms

The number of households living below the poverty line in the West Bank could rise from 14% to 30% in 2020, warns the World Bank. coronavirus

The UN warned in a report on Sunday, May 31, that, without improved relations between the two sides and if annexation goes ahead,"the achievements of the Palestinian government over the last quarter century will fade.

The Palestinian territories have seen low infection rates after acting quickly to curtail the spread of COVID-19, with 3 deaths out of 450 cases registered among some 5 million residents inBut the Palestinian Authority's financial situation is"expected to become increasingly difficult" due to loss of income and increased spending on health care and other areas, the World Bank said in a report.

The borders of the Hamas-run Gaza Strip, which has been under a crippling Israeli blockade since 2007, remain closed to all but a few returning Gazans, who are quarantined on arrival. The report recommended investing in mobile networks to boost the economy. Palestinians rely on 2G and 3G mobile data networks in Gaza and the West Bank respectively, at a time when some countries are adopting 5G.

The Palestinian government relies heavily on donor support to function as it is unable to implement stimulus measures used by countries elsewhere, such as lowering interest rates or accessing international capital markets.

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