Gaza is currently experiencing a severe liquidity crisis ahead of Ramadan, with residents more focused on finding usable cash than on seasonal discounts. The situation has worsened as Israel's ongoing blockade has prevented new banknotes from being introduced into Gaza, causing cash itself to become a rare commodity. Although many residents possess bank account balances, they are unable to access physical cash, severely limiting their purchasing power.

According to Al Jazeera's reporter Ashraf Abu Amra in Khan Younis, local banks have ceased any cash deposit or withdrawal activities, restricting services to limited administrative transactions. Citizens face great difficulties in accessing cash for daily transactions, relying heavily on bank applications for electronic transactions. However, this reliance on digital payments has not resolved the cash crisis, as a significant portion of local commerce still operates on cash payments, particularly in markets and street vendor settings.

The absence of new currency has led to the circulation of worn-out and torn bills, which have lost their usability. Without a solution to this liquidity crisis, Gaza's economy could face even greater challenges as residents struggle to meet their basic needs during the critical month of Ramadan, highlighting the urgent need for monetary support and relief efforts to ease the ongoing hardship in the region.