'More than 50% of Palestinian families in debt'

By JPOST.COM STAFF
June 13, 2007 04:52

Stopping aid to the Palestinian Authority has caused more than half of all Palestinian families to go into debt, UK charity OXFAM reported on Tuesday night. One in 15 Palestinian families have debts of more than $25,000 and the average salary among Palestinians is $3,500 a year, said Adam Leach, OXFAM's director for the Middle East. According to a survey conducting by the charity in the West Bank and Gaza Strip, 40% of all Palestinian families have sold personal belongings, including Jewelry and furniture, to pay off monthly debts and three quarters said they no longer had anything left to sell. Oxfam called on the EU to restore direct aid to Palestinians to stop the poverty crisis.


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