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Home World Middle East

My Process of Repairing Banknotes

29 November 2025
in Middle East
My Process of Repairing Banknotes
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In Gaza City, Baraa Abu al-Aoun has turned money repair into a thriving business amid a cash crisis exacerbated by the ongoing war and destruction of banks. With most ATMs non-functional and cash scarce, residents rely on informal money merchants charging high fees for cash conversion. A UN report highlights that over two million people in Gaza are now living in poverty, with four in five unemployed. The economic collapse has forced people to adapt, causing significant challenges for both buyers and sellers.

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