Palestine in June 2026: the most important developments in economy
In June 2026 the Palestinian economy was shaped by the financial squeeze on the Palestinian Authority and by conditions in Gaza. On June 22, West Bank settlements announced a new light rail line, while Israel's Transport Ministry said there was no such plan. Israel withheld billions in Palestinian tax revenue, and the Palestinian Authority pushed electronic payments as a way to cope with its financial crisis and with Israeli restrictions. Reports also described billions of shekels sitting in Palestinian bank vaults.
In Gaza, a shortage of gas, engine oil and spare parts was described on June 5 as bringing daily activity close to a standstill. On June 24, Israeli companies were reported to be in negotiations over demolition work on buildings in the Strip.
On settlements, the weekly Palestine wrap of June 16 noted that governments abroad were imposing sanctions on Israeli settlers while Israel continued to fund settlements. An analysis on June 8 argued that European sanctions on settlers would not help create a Palestinian state.
by WorldBrief & Maksim Micheliov | AI-generated summary
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