With most banks destroyed in Israel’s attacks and new currency blocked from entering Gaza, residents are repairing torn and worn-out banknotes to keep them in circulation.
Displaced resident Ahmed al-Kafarna said he began fixing his own damaged money before others started requesting the service. “People are struggling, and this helps them overcome,” he said.
According to the World Bank, about 93% of Gaza’s bank branches and most financial institutions have been destroyed, leaving the region in a deepening cash crisis.
Muhammed Rabah