Palestinian Economic News
For the most recent economic news from Palestine with in-depth-analysis, follow the below link.
Over the past two decades, the Palestinian Information and Communication
Technology (ICT) sector
On 23 February, the Ad Hoc Liaison Committee (AHLC) convened via video conference to discuss the economic and humanitarian situation in Palestine. The AHLC is a 15-member group of donor and
On 17 January, the Palestinian Investment Fund (PIF), Palestine’s sovereign wealth fund, launched the second phase of its emergency lending programme “Esnad” for the benefit of 1,000 small and medium enterprises
According to provisional estimates by the Palestinian Central Bureau of Statistics (PCBS) and the Palestine Monetary Authority (PMA), real GDP1 decreased by 11.6% during 2020, with gross
On 2 December, the Government of Israel (GoI) transferred $1.14bn in clearance tax revenues to the Palestinian National Authority (PNA), ending six months of political and economic standoff. The decision by the PNA
On 18 October, Israeli Communications Minister, Yoaz Hendel, granted the Israeli telecommunications company, Bezeq, a license to operate in Area C of the West
Bank.1 The license was issued to enable the provision
The COVID-19 pandemic has had a significant socio-economic impact globally, and Palestine is no exception. Due to the downturn in business activity, rising uncertainty, and closures to combat the pandemic, the livelihoods of many families
in Palestine are at risk with tens of thousands of families sinking into poverty
By 23 September, the total cases of COVID-19 in Palestine reached 37,083, an 20.8% increase compared to the preceding month, following the emergence of a first wave of community infections in the Gaza Strip
By 26 August, the total cases of COVID-19 in the West Bank and Gaza Strip reached 25,024, rising at an alarming rate from 3,095 at the beginning of July, and putting the Palestinian health system and society under further pressure.
On 1 July, the Palestinian National Authority (PNA) re-imposed complete lockdown in the West Bank for 11 days in response to soaring numbers of COVID-19 cases. As
of 29 July,
On 1 June, Benny Gantz, Israel’s new Defense Minister and Alternate Prime Minister,instructed the Israeli military to be prepared for the planned annexation of partsof the West Bank.....
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,