The Palestinian economy has great potential. However, current fiscal difficulties and the protracted stalemate in the political process have increased the risk of erosion of the institutional capacity that the Palestinian Authority has built to date. The damages Gaza suffered during the summer of 2014 conflict have exacerbated the already challenging living conditions there.
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November 1, 2016 — "Climate change in MENA is already exacting a toll and could become a major driver of instability... Marrakech will be a COP for action; the COP where major economies will pave the way towards going green."- Hafez Ghanem.
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October 25, 2016 — The pace of business reforms in the Middle East and North Africa accelerated considerably in the past year, despite conflict and turmoil in the region, finds the World Bank Group’s annual ease of doing business report.
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September 14, 2016 — The latest report on the Palestinian economy states that the prolonged period of slow economic growth has resulted in persistently high unemployment and stagnation in the average income of Palestinian citizens.
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Restrictions on economic activity in area C of the West Bank have been particularly detrimental to the Palestinian economy. This report shows that rolling back the restrictions will bring substantial benefits to
Read and download the latest World Bank reports on West Bank and Gaza, and the Middle East and North Africa for free. Featured studies include development topics such as education, health, jobs, and more.
This report supplement the World Bank’s Bi-annual MENA Quarterly Economic Brief and presents the short term, macroeconomic outlook and economic challenges facing the countries in the region.
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