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COVID-19 left a grave toll on businesses, mainly services, during first lockdown – PCBS survey
COVID-19 left a grave toll on businesses, mainly services, during first lockdown – PCBS survey
RAMALLAH, Tuesday, April 20, 2021 (WAFA) - More than two-thirds of the West Bank and Gaza business establishments were closed for about one and half month during the first lockdown period between March 5 and May 31, 2020, where closure centered in the services sector in Bethlehem Governorate and a result 62% of establishments suffered from a decrease in supplies related to production inputs such as raw materials and production requirements.
In addition, there was a decline of about half in the production level or the size of sales, where 14% of Palestinian establishments had to let part of their employees go, in order to face this crisis.