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Grim life awaits West Bank, Gaza people
ABU DHABI May KF The Gulf crisis, massive Jewish Immigration and tough Israeli policies are pushing the econ omy of the Israeli-occupied territories toward disaster the Arab league say*, reports AFP
Palestinians tn the West Bank and Gaza Strip have seen remittance* from the oil-rich Gulf states drop sharply and have tost both land no jobs to a wave of Jewish immigrants, according to a League report
The report, distributed by the Abu-Dhabi based Arab Monetary Fund (AMF) In the past week, said Palestinians had tost Income due to curfews and other measures Israel has Imposed on the territories to control the uprising.
The study examined cond! tlons In 1989 and 1990 and said they were likely to worsen.
'All signs point to a quick deterioration In economic Indicator* In the occupied territories in 1990 and the first half of 1991 In Amanncr that could lead to a serious economic and social disaster, ft said
The loss of Job since the Gulf slashed remittances to the West Bank and Gaza Strip by nearly 60 per cent, the report said Estimating the figure at 350 million dollar In the nine months after Iraq's August 1990 Invasion of Kuwait
Most of the 400.000-Palestlnians who lived In Kuwait have been forced to
leave the oil rich Emirate since the Gulf crisis.
The crisis also aggravated unemployment In the West Bank and Gaza, where more than 1.7 millton Arabs live
The report said unemployment there rose by more than 10 per cent to 29 per cent one month after the Invasion and was expected to reach about 40 per cent by the end of 1991.
It said the Jewish immigrants put further pressure on the Palestinian economy by seizing Arab land and replacing Palestinian worker* Inside Israel
Although Israel has imposed a news blackout on Jewish Immigration. It said that leaked Informatton shows that the number of Jewish immigrants until May 1991 reached about 274.000 Including 90.000 from ( the) former Soviet Union.
Tt to expected that such migration, the second mass emigration of Jews to Palestine ( Israel) since 1948, art 11 accelerate and ft will reach two million migrants by the end of 1992, ft said
The sectors of tourisms. Industry. and trade also suffered fosses as a result of the uprls Ing . or Intifada, and Israeli countermeasures.
A six week curfew Imposed by Israeli troops on the territories during the Gulf crisis caused fosses of around 270 mlDton dollar, the report said