The Diaspora
Palestinian diaspora remittances prop up struggling domestic economy
Image credit: Maan Wire (EN)
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The Palestinian economy relies heavily on financial transfers from citizens living abroad, according to Ma'an Wire. Remittances from the diaspora constitute a critical revenue stream for households and the broader financial system amid economic constraints and limited domestic productivity.
Remittances flow into an economy facing ongoing restrictions on trade, movement, and resource access that limit local wealth generation and employment opportunities.
