Economic Monitoring Report to the Ad Hoc Liaison Committee

The Palestinian economic outlook is worrying: recovering slowly from the recession of 2014, the per capita income growth has almost stagnated and projected growth levels will not support an improvement in living standards. Despite impressive fiscal consolidation efforts over the years, the Palestini...

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Main Author: World Bank
Format: Report
Language:en_US
Published: Washington, DC 2016
Subjects:
Online Access:http://hdl.handle.net/10986/25072
id okr-10986-25072
recordtype oai_dc
spelling okr-10986-250722021-05-25T09:52:19Z Economic Monitoring Report to the Ad Hoc Liaison Committee World Bank public finance economic growth banking fiscal policy public financial management economic development Area C business environment reconstruction recovery Palestinian Authority The Palestinian economic outlook is worrying: recovering slowly from the recession of 2014, the per capita income growth has almost stagnated and projected growth levels will not support an improvement in living standards. Despite impressive fiscal consolidation efforts over the years, the Palestinian Authority’s (PA) fiscal situation remains fragile with a US$600 million financing gap projected for 2016. The main body of the report is organized in two chapters. Chapter II focuses on recent developments in the real, fiscal and banking sectors while providing a near term outlook that highlights critical challenges facing the Palestinian economy. In view of the need for far-reaching reform, Chapter III presents a stock take of World Bank recommendations to the AHLC meeting over the years, discusses the state of the issues, and suggests a way forward. 2016-09-14T18:13:13Z 2016-09-14T18:13:13Z 2016-09-19 Report http://hdl.handle.net/10986/25072 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Israel West Bank and Gaza
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic public finance
economic growth
banking
fiscal policy
public financial management
economic development
Area C
business environment
reconstruction
recovery
Palestinian Authority
spellingShingle public finance
economic growth
banking
fiscal policy
public financial management
economic development
Area C
business environment
reconstruction
recovery
Palestinian Authority
World Bank
Economic Monitoring Report to the Ad Hoc Liaison Committee
geographic_facet Israel
West Bank and Gaza
description The Palestinian economic outlook is worrying: recovering slowly from the recession of 2014, the per capita income growth has almost stagnated and projected growth levels will not support an improvement in living standards. Despite impressive fiscal consolidation efforts over the years, the Palestinian Authority’s (PA) fiscal situation remains fragile with a US$600 million financing gap projected for 2016. The main body of the report is organized in two chapters. Chapter II focuses on recent developments in the real, fiscal and banking sectors while providing a near term outlook that highlights critical challenges facing the Palestinian economy. In view of the need for far-reaching reform, Chapter III presents a stock take of World Bank recommendations to the AHLC meeting over the years, discusses the state of the issues, and suggests a way forward.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Economic Monitoring Report to the Ad Hoc Liaison Committee
title_short Economic Monitoring Report to the Ad Hoc Liaison Committee
title_full Economic Monitoring Report to the Ad Hoc Liaison Committee
title_fullStr Economic Monitoring Report to the Ad Hoc Liaison Committee
title_full_unstemmed Economic Monitoring Report to the Ad Hoc Liaison Committee
title_sort economic monitoring report to the ad hoc liaison committee
publisher Washington, DC
publishDate 2016
url http://hdl.handle.net/10986/25072
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