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Story perspectives

Gaza Faces Cash Crisis Amid Destruction and Aid Dependence

2/27/2026

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Story summary
  • Gaza City residents face a severe cash flow crisis after the destruction of bank branches and cash machines.
  • Samar Abu Harbied and others rely on credit for daily necessities as cash becomes scarce.
  • About 95% of Gaza City households depend on aid, while electricity outages and internet issues limit digital payments.
  • Critics warn digital currency initiatives could undermine financial sovereignty and worsen humanitarian misery by restricting access to services.