Palestinian economic losses during Intifada: Over US$14 billion
A study prepared by Palestinian economist, Jamil Al-Abadseh, estimates the losses suffered by the Palestinian economy within the first three years of the Aqsa intifada (2001-2004) to US$14 billion.
"Continued Israeli closure of the West Bank and Gaza Strip, the longest since 1967, and the harsh restrictions on the Palestinian trade movement with the outside world caused the paralysis of most PA economic sectors and hit them badly", he wrote.
"The Palestinian economy reached the brink of collapse, while the unemployment and poverty rates rose to unprecedented records of 60% that affected adversely the economic, social, cultural, educational, psychological, and health conditions of the Palestinian community", he added.
Palestinian and international statistics revealed earlier this year that public properties worth more than US$6.33 billion were destroyed by Israeli attacks during the Intifada. In agriculture alone, economic losses have reached more than US$1 billion.
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Palestinian economic losses
Yes. For somebody intifada was a good way to get very rich.
I’d like to thank our leaders
Thanks you, Plaesinian leaders Arafat, Abu-Ala, Mahmud Abas, Jibril Rajub, Muhammad Dahlan, Rashid Abo Shabak, for STEALING OUR MONEY!!!!
Each one of the leaders has millions of dollars in his private accounts !!! This money belong to the palestinian people - just check the hotels that they are staying, the big houses, the personal gaurds, the cars.... they are all rich. nothing for the people.
So thank you very much for keeping us poor and under ocupation.
another hand...
for curropt politicians...dont forget to thank all the arab countries for turning there backs on palestinian or the great U S of A for supporting isreal 10000000% boy does our future look bright!!
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