An-Najah News - Preliminary results of a survey on the impact of COVID-19 on business establishments in Palesti showed that businesses have suffered to various degrees from the Coronavirus pandemic which impacted several industries, especially tourism and crafts, which were stopped completely, while shoe, leather, clothing/garment businesses were stopped partially.
many institutions were forced to take financial and administrative measures, as well as digital solutions, to face the impacts of the pandemic.
ًith support from the World Bank A survey of some 2600 establishments, showed that more than two-thirds of the establishments, primarily the services sector in Bethlehem, were closed for about one-and-a-half months during the lockdown period (March 5 – May 31, 2020).
ِAround 63% of establishments suffered from a stoppage in supplies related to production inputs such as raw materials and production requirements.
There was also 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.
Most of the establishments reported that sales/production size has decreased during the three months of the lockdown by 93%, with a decline in the average sales.
14% of the establishments had to dismiss and let go of their employees to face the financial crisis resulted from the Coronavirus pandemic.9% of the establishments reduced the salaries and wages of their employees, and 11% of them gave their employees unpaid leave while 9% of them gave their employees a paid leave.