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Report

Towards a Palestinian State : Reforms for Fiscal Strengthening

ACCESS TO MARKETS ACCESS TO RESOURCES ACCOUNTABILITIES ACCOUNTABILITY ACCOUNTING ACCOUNTING STANDARDS ACCOUNTING SYSTEMS ADMINISTRATIVE CONTROL ARREARS ASSETS AUDITING AUDITOR AUTONOMY BALANCED BUDGETS BANK ACCOUNTS BANKING SECTOR BANKS BASIC SERVICES BENEFICIARIES BEST PRACTICE BIDDING BORROWING BUDGET EXECUTION BUDGETARY DEFICITS BUDGETING BUSINESS LICENSES BUSINESS ORGANIZATIONS CAPITAL EXPENDITURES CAPITAL INVESTMENTS CASH MANAGEMENT CASH TRANSFER CASH TRANSFERS CHECKS CIVIL SERVANTS CIVIL SERVICE COMMUNITY DEVELOPMENT CONSOLIDATION CONSULTING SERVICES CREDIT FACILITIES DEBTS DECENTRALIZATION DEFICITS DEPOSITS DEVELOPMENT CAPITAL DISPUTE RESOLUTIONS DOMESTIC MARKET DONOR FUNDING DONOR SUPPORT ECONOMIC ACTIVITY ECONOMIC DEVELOPMENTS ECONOMIC GROWTH ECONOMIES OF SCALE ELECTRICITY ELECTRICITY SERVICES EMERGENCY SITUATION EMERGENCY SITUATIONS EMPLOYMENT ENABLING ENVIRONMENT EXCHANGE RATE EXTERNAL FINANCING FAMILIES FEE COLLECTION FINANCIAL ACCOUNTS FINANCIAL ASSISTANCE FINANCIAL HEALTH FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT CAPACITY FINANCIAL MANAGEMENT SYSTEMS FINANCIAL PERFORMANCE FINANCIAL POLICIES FINANCIAL RESOURCES FINANCIAL STATEMENTS FINANCIAL SUPPORT FINANCIAL SYSTEMS FINANCING COSTS FISCAL AUTONOMY FISCAL BURDEN FISCAL DISCIPLINE FISCAL MANAGEMENT FISCAL POLICIES FISCAL POLICY FUNDING SOURCE GOVERNMENT EXPENDITURE GOVERNMENT EXPENDITURES GOVERNMENT POLICIES GOVERNMENT REFORM GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HOUSEHOLDS HOUSING HUMAN DEVELOPMENT INFLATION INFORMAL ECONOMY INSTITUTIONAL DEVELOPMENT INTERGOVERNMENTAL FISCAL RELATIONS INTERNAL AUDIT INTERNATIONAL DEVELOPMENT INTERNATIONAL STANDARDS INVESTOR CONFIDENCE JOB CREATION JOB OPPORTUNITIES LABOR FORCE PARTICIPATION LABOR FORCE SURVEY LAWS LEGAL FRAMEWORK LEGISLATION LIMITED ACCESS LOCAL ADMINISTRATION LOCAL BANKS LOCAL BUSINESS LOCAL COUNCILS LOCAL GOVERNMENT LOCAL GOVERNMENTS LOSS OF REVENUES MINISTER MONETARY FUND MUNICIPAL DEVELOPMENT MUNICIPAL FINANCE MUNICIPAL SERVICES MUNICIPALITIES NATURAL RESOURCES NEW COMPANY NEW ENTRANTS OPERATING COSTS PENSION PENSION REFORM PENSION REFORMS PENSION SYSTEM PENSION SYSTEMS PENSIONS POLICE PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR INVESTMENT PROPERTY TAX PROPERTY TAXES PROVISIONS PUBLIC PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC FINANCES PUBLIC INVESTMENT PUBLIC MARKET PUBLIC MARKETS PUBLIC PROCUREMENT PUBLIC PROCUREMENT LAW PUBLIC PROPERTY PUBLIC SECTOR PUBLIC SECTOR ACCOUNTING PUBLIC SECTOR WAGES PUBLIC SERVICE PUBLIC SERVICES PUBLIC WORKS REAL ESTATE RECURRENT BUDGET DEFICIT RECURRENT DEFICIT RECURRENT EXPENDITURES REFORM PROGRAMS REFUGEE REFUGEES RETIREMENT REVENUE COLLECTION REVENUE SOURCES ROADS SAFETY NET SERVICE DELIVERY SETTLEMENT SOCIAL SERVICES SOFT BUDGET CONSTRAINT SOLID WASTE COLLECTION SOLVENCY STREETS TAX TAX ADMINISTRATION TAX COLLECTION TAX COLLECTIONS TECHNICAL SUPPORT TRAFFIC MANAGEMENT TRANSPARENCY TREASURY TRUST FUND UNEMPLOYMENT UNION USER FEES UTILITIES VILLAGE WAGES WATER SUPPLY
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Washington, DC
Middle East and North Africa | West Bank and Gaza
2017-08-17T18:56:47Z | 2017-08-17T18:56:47Z | 2010-04-13

The thirteenth government of the Palestinian Authority (PA) presented in August 2009 a program entitled Palestine: ending the occupation, establishing the state (hereafter referred to as the program) that lays out the vision, foundational principles, and national goals for the future Palestinian state, as well as institution-building and sector priorities. This report will therefore begin by discussing recent trends in the economic restrictions imposed by the Government of Israel (GoI) on West Bank and Gaza (WB&G). The next section will focus on an analysis of economic and fiscal developments, highlighting the fact that WB&G experienced in 2009 a third consecutive year of economic growth and rising per capita GDP, driven by large inflows of external assistance and a relatively stable security situation. Despite the growth, however, the recurrent deficit rose from roughly US$1.3 billion in 2008 to US$1.6 billion on a commitment basis in 2009, mostly as a result of emergency spending in Gaza in the aftermath of Israel s military operation (operation cast lead, December 27, 2008, January 18, 2009) as well as arrears brought forward from 2008 and recognized as commitments in 2009. Given this finding, the discussion in remainder of the report is particularly relevant, focusing on the reform areas of fiscal strengthening and improved public financial management and the important role played by local governments in this regard.

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