Gaza Strip support its annual budget. In April 2012, the Hamas government in Gaza approved its budget for 2012, which was up 25 percent year-on-year over 2011 budget, indicating that donors, including Iran, benefactors in the Islamic world, and Palestinian expatriates, are still heavily funding the movement. Chief of Gaza's parliament's budget committee Jamal Nassar said the 2012 budget is $769 million, compared to $630 million in 2011. The Gaza Strip is located in the Middle East (at ). It has a border with Israel, and an border with Egypt, near the city of Rafah. Khan Yunis is located northeast of Rafah,
Gaza Strip withdrawal. In 2005, after the Israeli withdrawal from the Gaza Strip, Gaza businessmen envisaged a "magnificent future". $1.1 million was invested in an upscale restaurant, Roots, and plans were made to turn one of the Israeli settlements into a family resort. The European Union states: "Gaza has experienced continuous economic decline since the imposition of a closure policy by Israel in 2007. This has had serious social and humanitarian consequences for many of its 1.7 million inhabitants. The situation has deteriorated further in recent months as a result of the geo-political changes which took place in the region during the