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Horrifying figures reveal extent of Nablus’ economic crisis

Broadcast United News Desk
Horrifying figures reveal extent of Nablus’ economic crisis

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Nablus journalist Moaz Sharida said the city has not yet emerged from the COVID-19 pandemic; entering the Israeli war, which has lasted for 10 months, Hisba, which includes a large number of shops, suffered a major fire.

Sharida added in an interview Raya Media NetworkThe average value of bounced checks in Nablus over the past month was more than half a million shekels, while the transport sector operated at less than 20% and fuel consumption fell by more than 30%.

He explained that daily vegetable sales in Hispa were 18 tonnes in November last year but now have dropped to just 7 tonnes, noting that slaughter capacity at the municipal slaughterhouse has dropped from 1,350 heads to just 500.

Sharida confirmed that purchasing power in Nablus has dropped to more than 35% and the closure of the university has paralyzed business activities, in addition to affecting 20,000 employees, as well as suspended workers and internal workers.

He confirmed that a large number of shops in Nablus were being sold or were under warranty, describing the figures as “horrifying”, but there was no follow-up on the matter by the competent authorities and no solutions on the ground, even at the minimum.



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