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Palestinian Economic News

For the most recent economic news from Palestine with in-depth-analysis, follow the below link.

 



On 20 April, Prime Minister Mohammed Shtayyeh announced the easing of the economic closure measures in Palestine ahead of the holy month of Ramadan. The measures included the reopening of businesses in some sectors,

As of 29 April, a total of 501 cases of COVID-19 have been confirmed in Palestine, 326 in the West Bank, 17 in the Gaza Strip and 158 in East Jerusalem. Of these, 4 died, 95 people have recovered, and the majority of the remainder are asymptomatic.

On 26 February, the Palestine Economic Policy Research Institute (MAS) held a roundtable session on the potential economic consequences of implementing US President Donald Trump’s Middle East peace plan.

On 20 February, media outlets reported that the Government of Israel (GoI) and the Palestinian National Authority (PNA) reached an agreement to end the trade crisis that has been escalating in recent months.1

In 2019, Palestine faced several economic challenges that limited its ability to improve the sluggish performance of 2018. According to recent estimates by the Palestinian Central Bureau of Statistics (PCBS) and the Palestine Monetary Authority (PMA),

On 27 November, the Palestine Monetary Authority (PMA) held its 2019 Palestine International Banking Conference, in cooperation with thev Association of Banks in Palestine (ABP).....

The Palestinian National Authority (PNA) has been working intensively to encourage domestic production and strengthen economic cooperation with neighbouring countries in line with its efforts to reduce dependency on imported goods and services from Israel.1

On 26 September, the Ad Hoc Liaison Committee (AHLC) convened in New York to address the Palestinian fiscal crisis and humanitarian situation. The AHLC is a 15-member committee serving as the principal policy-level coordination mechanism for development assistance to the Palestinian people.1

Against the backdrop of an ongoing financial crisis, the Palestinian Government has been actively seeking to expand its international and regional partnerships, in an effort to attract additional financial support

As the financial pressures on the Palestinian National Authority (PNA) continue to build, the prospects of the Palestinian economy remain fragile. The ‘clearance revenue’ impasse,

On 25 June, the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) held its annual donor pledging conference in New York. Representatives of governments and institutions gathered with the goal of fundraising for its services,

On 5 June, the Palestinian Prime Minister, Dr Mohammed Shtayyeh, warned that the Government will not be able to continue operating for longer than a few months.1