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Hamas' Band-Aid budget approach can't be expected to stem its fiscal seepage for long, and taxpayers are being drained.
The financial crisis that has plagued Hamas for several years is weighing heavily on Palestinians in the Gaza Strip, as Egypt in 2013 began closing the tunnels between Gaza and the Sinai Peninsula, which served as a major source of income for Hamas. The closures coincided with the gradual halt of Iran’s support to the movement following their differences over Syria, and with the halt of international aid convoys, which were accompanied by financial support for Gaza.
