Why I spend hours painstakingly repairing banknotes
Summary
In Gaza, repairing old money is a growing business because of a cash shortage. This shortage began after a 2023 conflict led to bank destruction and restricted cash flow. People like Baraa Abu al-Aoun fix banknotes so they can keep being used.Key Facts
- Baraa Abu al-Aoun is a money repairer in Gaza who fixes damaged banknotes.
- Cash shortages in Gaza started after a 2023 conflict with Israel.
- Israel stopped sending cash to Gaza, leading to cash shortages.
- Many banks were damaged or looted during the conflict.
- People need cash to buy necessities, leading to an increase in money repairs and e-wallet use.
- A UN report highlighted severe poverty in Gaza with high unemployment.
- Long lines form outside banks for limited services as people try to manage their finances.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
