Protesters targeted Hamas in Gaza
For the first time since Hamas seized power 18 years ago, Ghazan is speaking against Hamas in the report of Ghazan Great Personal Risk, Fox News’ Mike Tobin.
Monthly cash transfer of United Nations agencies for Gaza residents is inadvertently strengthening the Hamas terrorist organization, as the group and affiliated traders have continued to control the money flow to the enclave, said a expert on Hamas’s financial and economic operations.
The year offer told Fox News Digital, “Hamas exploited his role as the real ruler of Gaza, who takes financial benefits from the assistance funds sent by the United Nations organizations.”
“The aid system is being manipulated by Hamas and affiliated traders. Hamas is behind the curtains, taking advantage of their control over large traders, crime families, and use cash to install a shadow banking system within Gaza.”
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On March 3, 2025, Israel established Ghazan in a market established to meet its basic needs among the heavy damaged Jabalia refugee camp at North Gaza on the third day of Ramadan, after stopping humanitarian assistance in the Gaza strip. (Mahmud Issa/Anadolu Getty Image))
Every month, international organizations send significant amounts to Gaza’s economy. The UN’s World Food Program (WFP) transferred around $ 18.43 million, which reaches 82,636 families, each family receives an average of $ 209, according to open-source data. The monthly aid of UNICEF is an average of $ 5 million, which helps reach at least 20,000 families every month.
“I go to the market and meet people whose job is to provide cash in exchange for fees,” said Shahb Yusaf, a resident of Gaza, told Israel’s news agency TPS-IL“The fee is 20–30%. If I move 1,000 Shekel ($ 271), I get back 700 ($ 190),” he said. “For large shopping, I pay digitally. But in the market, I need cash, and I lose 30 percent every time.”
Another Gaza resident, Nidal Kavasmeh expressed a similar disappointment for TPS-IL. “These people are charging 30 percent to give you cash. I just want to take care of my family, but this is why everything spends me more. Prices are crazy.”
The specific amount per family received every month is around $ 270 (or 1,000 new Israeli Shekel), which was calculated as a minimum expenditure basket 80%, UNICEF explained Fox News Digital. Small organizations such as UNFPA and others also contribute, in total about $ 39.66 million per month, which, according to open-sources data, 60% reach Gaza’s houses.
A man holds a part of Israel’s shekel in Gaza. (Majdi Fati/TPS)
Despite the scale of direct financial aid, which reaches more than half of the population of the enclave, underlining Gaza’s severe food insecurity and high inflation (91% and 118%, respectively, until January 2024). However, the way this money rotates within the Gaza is more complex. “Hamas controls a lot of cash that enters Gaza through various channels,” OFER told Fox News Digital, “Those who get funds through mobile applications, have to be converted into cash to use in local markets, but include huge fees, including many money chances of money or its colleagues.”
TPS-IL reported that Israel’s Foreign Minister Gidon Saar has recently warned that Hamas’s economic strength in Gaza depends on billions of shekels, paid as salary and traders are rebuilt quickly through taxes. Governor of Bank of Israel Prof. Written to Amir Yaron, Sa’ar urged the cancellation of the circulation of the 200-shekel bills introduced in Gaza earlier, stating that experts believe the move would cause serious damage to Hamas’s financial network. Bank of Israel dismissed the proposal citing technical reasons and claimed that implementation was not possible.
Ofer’s research found that the fees could range from 20% to 35%, which means that recipients lose a significant part of their assistance to access it. “In Video from GazaYou can see traders forcing the app funds and forcing customers to convert them into cash, knowing that they will lose at least 20% in the process, “he said.
“If an inheriter in Israel could detect it, an international lawyer at the United Nations and former office of internal oversight services (OIOS), Peter Gello told Fox News Digital, the aid agencies either knew or go. In fairness, in fairness, help agencies can argue that they had no choice, it would have been the cost of doing business, but it would have been better if they were honored.”
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The Palestinians shopped for food and clothes in the local market because the daily life continues in the shadow of war in Jabia, Gaza on January 15, 2024. (Photo by Mahmud Shalha/Anadolu through Getty Image)
A UNICEF spokesperson told Fox News Digital, “UNICEF is aware of the cash liquidity crisis in Gaza and the continuous lack of hard cash, which is the direct result of the inability of the banking system amidst the ongoing struggle.
“Since May 2024, UNICEF has introduced fully digital cash payment through e-wallet, which does not require hard cash at any point. Using e-wallet, recipients of human digital cash transfer can buy food, hygiene items and drugs, anytime without handling physical funds,” said that “Spokesperson said.
“The use of digital e-wallet can be accessed through an app and works on the most basic smartphone. When applied, these digital cash payments via e-wallet eliminates the requirement of cash conversion and as a result, payment of any fees. Implementation of the program including frequency and structure of zodiac signs.
World Food Program (WFP) Assistance at Erase West Crossing on the Israel-Gaja border. (IDF spokesperson)
The spokesperson claimed: “More than 1.8 million people for the entire population of Gaza – are struggling with extreme food insecurity, with at least half a child. The monthly budget of UNICEF for human cash transfer in Gaza is a 5 million US dollar to support around 20,000 families.
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The World Food Program did not respond to several requests for comments.
“It is not acceptable to close an eye. The United Nations Security Council has been addressing terrorist financing since 2001, yet aid agencies continue to ignore the fact that Hamas is earning profit from this money flow, despite international efforts to prevent terrorist financing,” Gallow said.
