Income of Palestinian households continues to decline
Palestinian Central Bureau of Statistics (PCBS) said Monday that the median monthly income has decreased from NIS 2,500 (some $555) before Alaqsa Intifada to NIS 1,600 ($355) during 2nd quarter of this year.
In a press release on "Main Findings of the Survey on the Impact of Israeli Measures on the Economic Conditions of the Palestinian Households", the PCBS indicated that 226,000 Palestinian households lost more than 50% of their usual income, and about 22,6% of households in Gaza Strip suffered from highly critical living conditions regarding households income.
Results indicated that the median monthly income in the Palestinian territories has gone down from NIS 2,500 before Alaqsa Intifada to NIS 1,600 during 2nd quarter of this year. This decrease varies by region; the median monthly income decreased in the West Bank from NIS 3,000 to NIS 2,000 while in the Gaza Strip it dropped from NIS 1,500 to NIS 1,200.
Results of the survey indicated that 59.7% (362,000 households) of the Palestinian households saw their income decrease during Al-Aqsa Intifada, of which 62.5% (226,000 households) lost more than 50% of their usual income during Al-Aqsa Intifada, while 63.3% (159,000 households) of the households decreased their income in the West Bank compared with 52.3% (67,000 households) in Gaza Strip.
Referring to the income sources, results of the survey showed that the main income source of the Palestinian households during 2nd Quarter 2004 was wages and salaries from private sector, (30.7%), followed by wages and salaries from public sector employment (19.9%) and from households projects (14.2%). (menareport.com)
© 2004 Mena Report (www.menareport.com)