Give demonetisation in Gaza, Hamas will be destroyed … Israel's advice, what will Netanyahu do


Tel Aviv: An Israeli specialist has suggested that Israel should reckoned Gaza's bank notes to weaken Hamas's cash. Iyal Offer, an expert at Hamas's economy in Gaza, said on Tuesday that Israel should cancel the bank notes that they know that they are being used in Gaza Strip. He claimed that this would target Hamas's cash -based economy.

Israeli foreign minister also suggested

According to the report of Jerusalem Post, Earlier, Israeli Foreign Minister Gidon Saar had expressed similar views. He last week asked the Governor of Bank of Israel to cancel all 200 Shekel Bills to weaken Hamas's financial situation. “Gaza acts as a cash economy,” Offer said. He said, “Most of the trades in the strip markets, including hundreds of stalls trading humanitarian aid, are done in cash, mostly a low -value bills of 20 and 50 shekels are used.

Hamas made cash economy

He said, “Today Gaza traders are refusing to accept a large part of these notes, which have deteriorated and are now on the verge of breakdown.” However, significant amount in the bandage – approximately NIS 10 billion – 100 and mainly 200 shekel notes are placed in notes. Offer said, “These notes were brought to the bandage over many years, transferred directly from Bank of Israel to Gaza Bank branches and loaded into local ATM machines.” “During the war, Hamas earned money by collecting security payments from traders and United Nations agencies receiving trucks,” he said, “he earned money.

Hamas's property secret

Offer said, “It is difficult to estimate how much property Hamas has deposited the total property, but according to various assessments, including security sources, it is around four to 5 billion shekels during the war.” He estimated that Hamas has already spent about 1 billion NIS on the salary of his workers and newly recruited people. Over time, Hamas has effectively become Gaza's “Shekel Bank”.

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