The Palestinian caretaker government on Saturday announced that it has prepared to save the Gaza Strip's economy, which it said is deteriorating since Islamic Hamas movement seized control of the territory in June.
The caretaker government, ruling from West Bank, will allocate 40 percent of various incomes to support the Gaza Strip where economists estimate the unemployment rates have reached at around 80 percent.
Nabil Shaath, a Fatah member and an aide to President Mahmoud Abbas, told media that the Palestinian National Authority's sources of income were foreign aid and projects.
The government will also pay regularly to the Gaza Strip employees who used to get their payments during the previous two Hamas-led governments.
The new plan, expected to come into force within days, takes into account the opening of Gaza Strip crossings, sealed off by Israel which doesn't deal with Hamas.
Abbas formed the current caretaker government following the Gaza takeover in Mid June. Hamas, who swept the parliament in 2006 elections, does not have any representative in the new government.
Since Hamas overran Fatah security forces and seized control of the Gaza Strip in mid-June, the coastal enclave has been facing a deeper humanitarian crisis and becoming more isolated from the world after all crossings and passages were shut down by Israel for more than two months.
Source: Xinhua
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