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Economic & Sector Work :: Economic Updates and Modeling

Economic Monitoring Report to the Ad Hoc Liaison Committee

LIVING STANDARDS ESCROW PLEDGES DEFICIT DEPOSIT BANK BORROWING ECONOMIC GROWTH ACCOUNTING DEPOSITS PEOPLE FINANCING STOCK INFORMATION SYSTEM DOMESTIC BORROWING INTEREST REMITTANCE PRIVATE CREDIT EXCHANGE BANKING SYSTEM LOCAL GOVERNMENTS LIQUIDITY TAX COLLECTION BLACK MARKET RECESSION REVENUES BINDING CONSTRAINT WELFARE LOAN TAX CASH TRANSFER INCOME TAX NON-PERFORMING LOANS PENSION SYSTEM PLEDGE BENEFICIARIES INFLATION PENSION ENABLING ENVIRONMENT BUDGET CENTRAL BANK MATURITY ECONOMIC ACTIVITY FOREIGN MARKETS WITHDRAWALS LABOR MARKET OIL PRICES GLOBAL ECONOMY CURRENCY LOCAL BANKS EXPORT GROWTH DISBURSEMENT CAPITAL GAINS PUBLIC FUNDS FINANCES TAX REGIME REGISTRATION FEE EXCHANGE RATES RECURRENT EXPENDITURES MONETARY FUND TARIFF REVENUES DEBT MARKETS LOCAL GOVERNMENT FINANCIAL FLOWS PUBLIC FINANCE DEPOSIT INSURANCE DOMESTIC DEBT LOANS ENTERPRISES TAX COLLECTIONS GROSS DOMESTIC PRODUCT REAL ESTATE MONETARY AUTHORITY FINANCE BANK FINANCING DONOR SUPPORT DOMESTIC BANK TAXES BANKING SECTOR FISCAL DEFICIT EXPENDITURE TRANSACTIONS CASH ECONOMY UNEMPLOYMENT INTERNATIONAL STANDARDS EQUITY HUMAN CAPITAL GOOD INTERNATIONAL TRADE FUTURE BANK GOVERNMENT FINANCE RETURNS FISCAL BURDEN SOFT LOAN PURCHASING POWER INVESTOR CONFIDENCE INVESTMENT BANK REPAYMENT EXPENDITURES DISBURSEMENTS CURRENT ACCOUNT DEFICIT INSTITUTIONAL CAPACITY SHARES MARKET POLITICAL UNCERTAINTY FOREIGN EXCHANGE TREASURY INFRASTRUCTURE INVESTMENTS INSURANCE CURRENCIES GOVERNMENT POLICIES TRADE SECTORS GOODS INVESTOR RECURRENT DEFICIT SECURITY BANK LOANS INVESTMENT SHARE INVESTMENT CLIMATE PUBLIC FINANCES POVERTY TARIFF INSTITUTIONAL DEVELOPMENT REVENUE BORROWING INVESTMENTS LENDING CHECK PENSION FUND EXCHANGE RATE REMITTANCES ARREARS EMPLOYEES
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Washington, DC
Middle East and North Africa | West Bank and Gaza
2015-05-26T17:56:05Z | 2015-05-26T17:56:05Z | 2015-05-27

This report covers two distinct subjects. Chapter I of the report, as has been the norm with the World Bank Ad Hoc Liaison Committee report, focuses on the assessment of recent macroeconomic and fiscal developments and government policies in West Bank and Gaza. Chapter II presents an analysis of Gazas stark economic decline over the past 20 years and its human impact. It also presents a mix of policies that should ensure sustainable development of the Gaza strip and put an end to human suffering therein. The report also contains an annex which provides an overview of progress in meeting the pledges made for Gazas reconstruction at the October 2014 Cairo Conference. Although the connection between the chapters of this report may not be obvious as they treat a diverse set of issues facing the Palestinian economy and public finances, together they provide insights into key policy and institutional development actions and reforms, which need to be taken by the Palestinian Authority, the Government of Israel, and the donor community to reverse the recent and worrisome slowdown in economic growth, to enable effective and efficient management of public finances in order to avoid a dangerous fiscal crisis and to support inclusive economic growth and poverty reduction.

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