The US, Israel, Canada and the European Union, initiated a financial embargo once Hamas took office, denying it donor funds and tax revenues and branding the Islamic resistance movement a terrorist organisation.
Government salaries had been heavily reliant on international aid and donations.
Aljazeera.net spoke to several Palestinians in Gaza about how they are making ends meet given the financial challenges.
Sami Abu-Ubaid, 32, physician, father of two, Gaza City
I have not received my salary in three months. My hopes of being paid have dimmed because our salaries are related to the political situation.
The rise of the Hamas Islamic movement to power resulted in the delay of salaries. Strong external pressures are being applied on the new government to change the basic Palestinian principle of resistance to occupation.
Abu-Ubaid: We have suffered a
lot, nothing new if we suffer now
But I think that this will only succeed in increasing support for the Hamas government.
How do I cope? I have been forced to practise a policy of asceticism. I have exhausted my savings and am borrowing money from relatives. I only buy the necessary needs for my family.
I feel that there is a kind of social solidarity.
The shop owners don't ask us to pay the debts and when you ask any rich man for money, he doesn't hesitate to give.
I don't think that anyone will die of hunger. Palestinians have suffered a lot, so nothing new if they suffer this time.
Hassan Abul-Khair, 27, teacher, father of two, Rafah
It is not only my family in Rafah that is suffering because of the loss of wages but also my sister who lives in a refugee camp in Jordan.
My brothers and I used to collect a sum of money, monthly, to send to her.
I am sure that the problem isn't with the new government, but with the US and Israel which have imposed an oppressive siege against it.
Abul-Khair: People prefer to
starve than bow to the occupier
The US and Israel want the Palestinians to denounce their government, but this will not happen.
I feel that people have become more and more loyal to the new government.
As for how I am coping, I borrow money from my acquaintances and relatives.
I expect that we will be paid in the near future as the siege has started to crack.
I don't expect that the government will fall as people behind it prefer to starve rather than bow to the occupier.
Iman Mohaisen, 37, housekeeping trainer, mother of three, Shejaea
I am currently forced to borrow money because of the delay in receiving my salary.
I hope to get it in the near future, but I have noticed that the situation is worsening.
I don't put the blame for this bad situation on the new government, but on the US and EU which imposed the siege on us, as well as on the Arab leaders who cannot do anything for us.
Mohaisen: I hold the US and EU
responsible for the bad situation
I urge the Palestinian government not to bury its head in the sand but to look at the plight of the people.
It must do something for its people, but not recognise Israel.
I appeal to the Arab leaders and all the noble people of the world to do their best to end the ruinous siege imposed on us.
aed Abul-Ata, 41, captain in the National Security Service, father of six, Gaza City
My savings ran out and the grocer from whom I make my purchases has become less flexible.
I borrow money from my brother, who is a trader, for all the essentials necessary to get by.
I am not hopeful regarding salaries.
Abul-Ata: I can live in hunger
provided Hamas improves lives
I don't expect to be paid before December next year.
This problem has been created because of the international siege imposed by the US, Israel and Arab leaders.
For the US, Hamas is a terrorist organisation.
And for Israel, it is a fierce enemy that aims to uproot the country. And for the Arabs, the arrival of an Islamic movement to power is something dangerous for their thrones.
However, I prefer to live in hunger for some more time provided Hamas does its best to improve our lives.
Maged Salha, 35, general physician, father of two, north Gaza
My landlord told me not to worry about the delay in paying rent because he is aware that none of us have been paid in the past three months.
My savings have run out, forcing me to only buy the absolutely necessary needs for survival.
Salha: I ask those who believe in
democracy to ease our plight
I think that the delay of the salaries has resulted in a kind of a political blackmail being practised on the new Palestinian government to put it into a embarrassing situation in the eyes of it citizens.
I ask all those who believe in democracy around the whole world not to be bystanders, but to try to alleviate our plight.
Haniya Abu Komail, 39, housewife, mother of seven, Moraka Village
Life has become much more difficult because employees haven't received their salaries for the third month under the rule of the new government.
I fear a humanitarian crisis because of the shortage of medicines and food.
Abu Komail: Government must
not give up its principles
I think this will increase support for Hamas who in turn will become more adamant.
We haven't got enough time to decide whether the Hamas-led government is good or bad.
However, in my opinion, the government must not give up any of the Palestinian's principles.
I think that resistance isn't only by fire, but also by insistence on the nation's principles.
Nabil al-Ghorra, 55, shopkeeper, al-Sabra Suburb
Commerce has nearly ground to a standstill and I am afraid we can't continue like this for much longer.
Al-Gorra: If there is no money,
there will be no life
I ask the Palestinian government to try to advance at least small loans, in accordance with its ability, to employees in order to initiate the movement of goods in the market.
I fear that everything in our lives will stop. Factories will stop, trade will stop. Life is money and money is life. If there is no money, there will be no life.
Abu Nahed, 61, entrepreneur, Gaza City
Many people have been coming to me to borrow money.
Abu Nahed: I hope the Arabs
save us from this siege
In the beginning I could give everyone, but now I can't do that.
I had expected the financial crisis to be resolved by now.
I hope that the Arab populations will rebel against their leaders and burst into our country to save us from this siege.