Economic Monitoring Report to the Ad Hoc Liaison Committee
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 B...
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| Format: | Economic Updates and Modeling |
| Language: | English en_US |
| Published: |
Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/05/24525116/economic-monitoring-report-ad-hoc-liaison-committee http://hdl.handle.net/10986/21980 |
| Summary: | 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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