Sustaining Achievements in Palestinian Institution-Building and Economic Growth

Sustainable economic growth and strong institutions are interlinked, and the present report summarizes recent economic and fiscal developments in West Bank and Gaza (WB&G) as well as providing a broad overview of institutional accomplishments t...

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Main Author: World Bank
Format: Report
Language:English
en_US
Published: Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/135181468321869156/Sustaining-achievements-in-Palestinian-institution-building-and-economic-growth-economic-monitoring-report-to-the-Ad-Hoc-Liaison-Committee
http://hdl.handle.net/10986/27154
id okr-10986-27154
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTABILITY
ACCOUNTING
ACCOUNTING SYSTEM
ACCUMULATION OF ARREARS
AGGREGATE SPENDING
ALLOCATION
ALTERNATIVE FINANCING
AMALGAMATION
ANNUAL BUDGETING
ANNUAL REPORT
AUTONOMY
BANK ACCOUNTS
BANK FINANCING
BANKING SECTOR
BANKS
BASIC SERVICES
BENEFICIARIES
BORROWING
BUDGET DEFICIT
BUDGET EXECUTION
BUDGET PREPARATION
BUDGET PROJECTIONS
BUDGET REPORTING
BUDGET SUPPORT
BUDGETARY REVENUES
BUSINESS CONFIDENCE
CABINET OF MINISTERS
CAPACITY BUILDING
CAPACITY-BUILDING
CAPITAL BASE
CAPITAL EXPENDITURES
CAPITAL INVESTMENT
CAPITAL REQUIREMENT
CAPITAL REQUIREMENTS
CAPITAL SPENDING
CASH BASIS
CENTRAL BANK
CENTRAL CONTROL
CENTRAL GOVERNMENT
CHILD SUPPORT
CIVIL SERVANTS
CIVIL SERVICE
CIVIL SERVICE LAW
CIVIL SOCIETY ORGANIZATIONS
CONFLICTS OF INTEREST
CORRUPTION
COST OF LIVING
CREDIT FACILITIES
DEBT
DEFICITS
DEPOSITS
DIRECT FINANCIAL SUPPORT
DOMESTIC REVENUE
DONOR ASSISTANCE
DONOR COORDINATION
DONOR FINANCING
DONOR FUNDING
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
EDUCATION SERVICES
EDUCATION SYSTEM
EFFECTIVE GOVERNANCE
ELECTRICITY SERVICES
EMPLOYMENT
EQUAL ACCESS
EXCHANGE RATE
EXPENDITURE CONTROL
EXPENDITURE MANAGEMENT
EXTERNAL ASSISTANCE
EXTERNAL AUDIT
EXTERNAL FINANCING
FINANCE MINISTRY
FINANCIAL ACCOUNTABILITY
FINANCIAL ACCOUNTS
FINANCIAL DATA
FINANCIAL INSTITUTIONS
FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT SYSTEM
FINANCIAL REFORMS
FINANCIAL SECTOR
FINANCIAL STATISTICS
FINANCIAL SUPPORT
FINANCING ARRANGEMENTS
FINANCING NEED
FISCAL CRISIS
FISCAL DEFICITS
FISCAL FRAMEWORK
FISCAL IMPLICATIONS
FISCAL POSITION
FISCAL STABILITY
FISCAL STANCE
FISCAL TRANSPARENCY
FOREIGN ASSETS
FOREIGN BANKS
FOREIGN INVESTMENT
FUNDS FOR CAPITAL EXPENDITURES
GENERAL BUDGET SUPPORT
GROSS DOMESTIC PRODUCT
GROWTH RATE
HEALTH CARE
HEALTH INSURANCE
HEALTH SECTOR
HEALTH SERVICES
HEALTH SYSTEMS
HEALTH WORKERS
HUMAN RESOURCE MANAGEMENT
HUMAN RIGHTS
INCOME TAX
INFORMATION TECHNOLOGY
INFRASTRUCTURE SECTOR
INSTITUTIONAL CAPACITY
INSTITUTIONAL DEVELOPMENT
INSURANCE
INTERNAL AUDIT
JOB CREATION
LABOR FORCE PARTICIPATION
LABOR FORCE SURVEY
LACK OF ACCESS
LACK OF INFORMATION
LAND ADMINISTRATION
LAWS
LEGAL FRAMEWORK
LIQUIDITY
LOCAL GOVERNMENT
LOCAL GOVERNMENT REVENUES
MANDATES
MEDIUM TERM FISCAL STRATEGY
MENTAL HEALTH
MINISTRY OF FINANCE
MONETARY POLICY
MUNICIPAL DEVELOPMENT
MUNICIPALITIES
NATIONAL DEVELOPMENT
NATIONAL DEVELOPMENT PLAN
NATURAL RESOURCES
NET LENDING
OPERATIONAL EXPENDITURES
ORGANIZATIONAL STRUCTURE
PAYMENT OBLIGATIONS
PENSION LIABILITIES
PENSION REFORM
PENSION SCHEME
PENSIONS
PERFORMANCE MANAGEMENT
PRIVATE INVESTMENT
PRIVATE SECTOR
PRIVATE SECTOR GROWTH
PRIVATE SECTOR INVESTMENT
PROGRAM IMPLEMENTATION
PROGRAMS
PROPERTY TAX
PROPERTY TAXES
PUBLIC ACCOUNTS
PUBLIC ADMINISTRATION
PUBLIC EDUCATION
PUBLIC EMPLOYMENT
PUBLIC EXPENDITURE
PUBLIC EXPENDITURES
PUBLIC FINANCES
PUBLIC FINANCIAL MANAGEMENT
PUBLIC INSTITUTIONS
PUBLIC INVESTMENT
PUBLIC SECTOR
PUBLIC SECTOR ACCOUNTING
PUBLIC SERVICE
PUBLIC SERVICE EMPLOYMENT
PUBLIC SPENDING
QUALITY ASSURANCE
QUALITY OF SERVICES
REAL GROWTH
RECEIPTS
REFORM AGENDA
REFORM EFFORTS
REFORM PROGRAM
REFORM STRATEGIES
REGULATORY FRAMEWORK
RESERVE REQUIREMENTS
RETIREMENT
REVENUE MOBILIZATION
RISK MANAGEMENT
SALARY PAYMENTS
SANITATION
SAVINGS
SECTOR POLICY
SERVICE DELIVERY
SOCIAL INSURANCE
SOCIAL POLICY
SOCIAL PROTECTION
SOCIAL PROTECTION SECTOR
STATE OWNED BANKS
STRATEGIC PRIORITIES
STRUCTURAL REFORMS
TAX ADMINISTRATION
TAX BASE
TAX BREAKS
TAX COLLECTION
TAX COLLECTIONS
TAX REVENUES
TAXPAYERS
TELECOMMUNICATIONS EQUIPMENT
TOTAL EXPENDITURES
TRANSFER PAYMENTS
TRANSPARENCY
UNCERTAINTY
UNEMPLOYMENT
WAGE EXPENDITURES
WAGES
WATER SUPPLY
spellingShingle ACCOUNTABILITY
ACCOUNTING
ACCOUNTING SYSTEM
ACCUMULATION OF ARREARS
AGGREGATE SPENDING
ALLOCATION
ALTERNATIVE FINANCING
AMALGAMATION
ANNUAL BUDGETING
ANNUAL REPORT
AUTONOMY
BANK ACCOUNTS
BANK FINANCING
BANKING SECTOR
BANKS
BASIC SERVICES
BENEFICIARIES
BORROWING
BUDGET DEFICIT
BUDGET EXECUTION
BUDGET PREPARATION
BUDGET PROJECTIONS
BUDGET REPORTING
BUDGET SUPPORT
BUDGETARY REVENUES
BUSINESS CONFIDENCE
CABINET OF MINISTERS
CAPACITY BUILDING
CAPACITY-BUILDING
CAPITAL BASE
CAPITAL EXPENDITURES
CAPITAL INVESTMENT
CAPITAL REQUIREMENT
CAPITAL REQUIREMENTS
CAPITAL SPENDING
CASH BASIS
CENTRAL BANK
CENTRAL CONTROL
CENTRAL GOVERNMENT
CHILD SUPPORT
CIVIL SERVANTS
CIVIL SERVICE
CIVIL SERVICE LAW
CIVIL SOCIETY ORGANIZATIONS
CONFLICTS OF INTEREST
CORRUPTION
COST OF LIVING
CREDIT FACILITIES
DEBT
DEFICITS
DEPOSITS
DIRECT FINANCIAL SUPPORT
DOMESTIC REVENUE
DONOR ASSISTANCE
DONOR COORDINATION
DONOR FINANCING
DONOR FUNDING
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
EDUCATION SERVICES
EDUCATION SYSTEM
EFFECTIVE GOVERNANCE
ELECTRICITY SERVICES
EMPLOYMENT
EQUAL ACCESS
EXCHANGE RATE
EXPENDITURE CONTROL
EXPENDITURE MANAGEMENT
EXTERNAL ASSISTANCE
EXTERNAL AUDIT
EXTERNAL FINANCING
FINANCE MINISTRY
FINANCIAL ACCOUNTABILITY
FINANCIAL ACCOUNTS
FINANCIAL DATA
FINANCIAL INSTITUTIONS
FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT SYSTEM
FINANCIAL REFORMS
FINANCIAL SECTOR
FINANCIAL STATISTICS
FINANCIAL SUPPORT
FINANCING ARRANGEMENTS
FINANCING NEED
FISCAL CRISIS
FISCAL DEFICITS
FISCAL FRAMEWORK
FISCAL IMPLICATIONS
FISCAL POSITION
FISCAL STABILITY
FISCAL STANCE
FISCAL TRANSPARENCY
FOREIGN ASSETS
FOREIGN BANKS
FOREIGN INVESTMENT
FUNDS FOR CAPITAL EXPENDITURES
GENERAL BUDGET SUPPORT
GROSS DOMESTIC PRODUCT
GROWTH RATE
HEALTH CARE
HEALTH INSURANCE
HEALTH SECTOR
HEALTH SERVICES
HEALTH SYSTEMS
HEALTH WORKERS
HUMAN RESOURCE MANAGEMENT
HUMAN RIGHTS
INCOME TAX
INFORMATION TECHNOLOGY
INFRASTRUCTURE SECTOR
INSTITUTIONAL CAPACITY
INSTITUTIONAL DEVELOPMENT
INSURANCE
INTERNAL AUDIT
JOB CREATION
LABOR FORCE PARTICIPATION
LABOR FORCE SURVEY
LACK OF ACCESS
LACK OF INFORMATION
LAND ADMINISTRATION
LAWS
LEGAL FRAMEWORK
LIQUIDITY
LOCAL GOVERNMENT
LOCAL GOVERNMENT REVENUES
MANDATES
MEDIUM TERM FISCAL STRATEGY
MENTAL HEALTH
MINISTRY OF FINANCE
MONETARY POLICY
MUNICIPAL DEVELOPMENT
MUNICIPALITIES
NATIONAL DEVELOPMENT
NATIONAL DEVELOPMENT PLAN
NATURAL RESOURCES
NET LENDING
OPERATIONAL EXPENDITURES
ORGANIZATIONAL STRUCTURE
PAYMENT OBLIGATIONS
PENSION LIABILITIES
PENSION REFORM
PENSION SCHEME
PENSIONS
PERFORMANCE MANAGEMENT
PRIVATE INVESTMENT
PRIVATE SECTOR
PRIVATE SECTOR GROWTH
PRIVATE SECTOR INVESTMENT
PROGRAM IMPLEMENTATION
PROGRAMS
PROPERTY TAX
PROPERTY TAXES
PUBLIC ACCOUNTS
PUBLIC ADMINISTRATION
PUBLIC EDUCATION
PUBLIC EMPLOYMENT
PUBLIC EXPENDITURE
PUBLIC EXPENDITURES
PUBLIC FINANCES
PUBLIC FINANCIAL MANAGEMENT
PUBLIC INSTITUTIONS
PUBLIC INVESTMENT
PUBLIC SECTOR
PUBLIC SECTOR ACCOUNTING
PUBLIC SERVICE
PUBLIC SERVICE EMPLOYMENT
PUBLIC SPENDING
QUALITY ASSURANCE
QUALITY OF SERVICES
REAL GROWTH
RECEIPTS
REFORM AGENDA
REFORM EFFORTS
REFORM PROGRAM
REFORM STRATEGIES
REGULATORY FRAMEWORK
RESERVE REQUIREMENTS
RETIREMENT
REVENUE MOBILIZATION
RISK MANAGEMENT
SALARY PAYMENTS
SANITATION
SAVINGS
SECTOR POLICY
SERVICE DELIVERY
SOCIAL INSURANCE
SOCIAL POLICY
SOCIAL PROTECTION
SOCIAL PROTECTION SECTOR
STATE OWNED BANKS
STRATEGIC PRIORITIES
STRUCTURAL REFORMS
TAX ADMINISTRATION
TAX BASE
TAX BREAKS
TAX COLLECTION
TAX COLLECTIONS
TAX REVENUES
TAXPAYERS
TELECOMMUNICATIONS EQUIPMENT
TOTAL EXPENDITURES
TRANSFER PAYMENTS
TRANSPARENCY
UNCERTAINTY
UNEMPLOYMENT
WAGE EXPENDITURES
WAGES
WATER SUPPLY
World Bank
Sustaining Achievements in Palestinian Institution-Building and Economic Growth
geographic_facet Middle East and North Africa
West Bank and Gaza
description Sustainable economic growth and strong institutions are interlinked, and the present report summarizes recent economic and fiscal developments in West Bank and Gaza (WB&G) as well as providing a broad overview of institutional accomplishments to date. The present report begins by discussing the apparent slowdown in economic growth in WB&G and the current fiscal crisis facing the Palestinian Authority (PA)-resulting partly from lower-than-expected external support this year. A further drop in donor funding would likely reduce growth, which would in turn further aggravate the fiscal situation in the coming year. A protracted fiscal crisis, in turn, risks jeopardizing the gains made in institution-building and thereby losing what has been painstakingly achieved over the past years. In addition, the report highlights that in order for the PA to sustain the reform momentum and its achievements in institution-building, remaining Israeli restrictions must be lifted and any reductions in international aid flows must be carefully calibrated and managed. Economic growth in WB&G has slowed down in 2011, and together with the shortfall in external financing, this has led to a fiscal crisis for the PA. Economic growth in WB&G remains robust but appears to be slowing due to economic and political uncertainty, so that the International Monetary Fund (IMF) has revised the projected real Gross Domestic Product (GDP) growth rate for 2011 from 9 down to 7 percent. Despite some improvement, unemployment remains stubbornly high and labor force participation low in WB&G.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Sustaining Achievements in Palestinian Institution-Building and Economic Growth
title_short Sustaining Achievements in Palestinian Institution-Building and Economic Growth
title_full Sustaining Achievements in Palestinian Institution-Building and Economic Growth
title_fullStr Sustaining Achievements in Palestinian Institution-Building and Economic Growth
title_full_unstemmed Sustaining Achievements in Palestinian Institution-Building and Economic Growth
title_sort sustaining achievements in palestinian institution-building and economic growth
publisher Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/135181468321869156/Sustaining-achievements-in-Palestinian-institution-building-and-economic-growth-economic-monitoring-report-to-the-Ad-Hoc-Liaison-Committee
http://hdl.handle.net/10986/27154
_version_ 1764463694916354048
spelling okr-10986-271542021-04-23T14:04:40Z Sustaining Achievements in Palestinian Institution-Building and Economic Growth World Bank ACCOUNTABILITY ACCOUNTING ACCOUNTING SYSTEM ACCUMULATION OF ARREARS AGGREGATE SPENDING ALLOCATION ALTERNATIVE FINANCING AMALGAMATION ANNUAL BUDGETING ANNUAL REPORT AUTONOMY BANK ACCOUNTS BANK FINANCING BANKING SECTOR BANKS BASIC SERVICES BENEFICIARIES BORROWING BUDGET DEFICIT BUDGET EXECUTION BUDGET PREPARATION BUDGET PROJECTIONS BUDGET REPORTING BUDGET SUPPORT BUDGETARY REVENUES BUSINESS CONFIDENCE CABINET OF MINISTERS CAPACITY BUILDING CAPACITY-BUILDING CAPITAL BASE CAPITAL EXPENDITURES CAPITAL INVESTMENT CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CAPITAL SPENDING CASH BASIS CENTRAL BANK CENTRAL CONTROL CENTRAL GOVERNMENT CHILD SUPPORT CIVIL SERVANTS CIVIL SERVICE CIVIL SERVICE LAW CIVIL SOCIETY ORGANIZATIONS CONFLICTS OF INTEREST CORRUPTION COST OF LIVING CREDIT FACILITIES DEBT DEFICITS DEPOSITS DIRECT FINANCIAL SUPPORT DOMESTIC REVENUE DONOR ASSISTANCE DONOR COORDINATION DONOR FINANCING DONOR FUNDING ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH EDUCATION SERVICES EDUCATION SYSTEM EFFECTIVE GOVERNANCE ELECTRICITY SERVICES EMPLOYMENT EQUAL ACCESS EXCHANGE RATE EXPENDITURE CONTROL EXPENDITURE MANAGEMENT EXTERNAL ASSISTANCE EXTERNAL AUDIT EXTERNAL FINANCING FINANCE MINISTRY FINANCIAL ACCOUNTABILITY FINANCIAL ACCOUNTS FINANCIAL DATA FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEM FINANCIAL REFORMS FINANCIAL SECTOR FINANCIAL STATISTICS FINANCIAL SUPPORT FINANCING ARRANGEMENTS FINANCING NEED FISCAL CRISIS FISCAL DEFICITS FISCAL FRAMEWORK FISCAL IMPLICATIONS FISCAL POSITION FISCAL STABILITY FISCAL STANCE FISCAL TRANSPARENCY FOREIGN ASSETS FOREIGN BANKS FOREIGN INVESTMENT FUNDS FOR CAPITAL EXPENDITURES GENERAL BUDGET SUPPORT GROSS DOMESTIC PRODUCT GROWTH RATE HEALTH CARE HEALTH INSURANCE HEALTH SECTOR HEALTH SERVICES HEALTH SYSTEMS HEALTH WORKERS HUMAN RESOURCE MANAGEMENT HUMAN RIGHTS INCOME TAX INFORMATION TECHNOLOGY INFRASTRUCTURE SECTOR INSTITUTIONAL CAPACITY INSTITUTIONAL DEVELOPMENT INSURANCE INTERNAL AUDIT JOB CREATION LABOR FORCE PARTICIPATION LABOR FORCE SURVEY LACK OF ACCESS LACK OF INFORMATION LAND ADMINISTRATION LAWS LEGAL FRAMEWORK LIQUIDITY LOCAL GOVERNMENT LOCAL GOVERNMENT REVENUES MANDATES MEDIUM TERM FISCAL STRATEGY MENTAL HEALTH MINISTRY OF FINANCE MONETARY POLICY MUNICIPAL DEVELOPMENT MUNICIPALITIES NATIONAL DEVELOPMENT NATIONAL DEVELOPMENT PLAN NATURAL RESOURCES NET LENDING OPERATIONAL EXPENDITURES ORGANIZATIONAL STRUCTURE PAYMENT OBLIGATIONS PENSION LIABILITIES PENSION REFORM PENSION SCHEME PENSIONS PERFORMANCE MANAGEMENT PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR GROWTH PRIVATE SECTOR INVESTMENT PROGRAM IMPLEMENTATION PROGRAMS PROPERTY TAX PROPERTY TAXES PUBLIC ACCOUNTS PUBLIC ADMINISTRATION PUBLIC EDUCATION PUBLIC EMPLOYMENT PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC FINANCES PUBLIC FINANCIAL MANAGEMENT PUBLIC INSTITUTIONS PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SECTOR ACCOUNTING PUBLIC SERVICE PUBLIC SERVICE EMPLOYMENT PUBLIC SPENDING QUALITY ASSURANCE QUALITY OF SERVICES REAL GROWTH RECEIPTS REFORM AGENDA REFORM EFFORTS REFORM PROGRAM REFORM STRATEGIES REGULATORY FRAMEWORK RESERVE REQUIREMENTS RETIREMENT REVENUE MOBILIZATION RISK MANAGEMENT SALARY PAYMENTS SANITATION SAVINGS SECTOR POLICY SERVICE DELIVERY SOCIAL INSURANCE SOCIAL POLICY SOCIAL PROTECTION SOCIAL PROTECTION SECTOR STATE OWNED BANKS STRATEGIC PRIORITIES STRUCTURAL REFORMS TAX ADMINISTRATION TAX BASE TAX BREAKS TAX COLLECTION TAX COLLECTIONS TAX REVENUES TAXPAYERS TELECOMMUNICATIONS EQUIPMENT TOTAL EXPENDITURES TRANSFER PAYMENTS TRANSPARENCY UNCERTAINTY UNEMPLOYMENT WAGE EXPENDITURES WAGES WATER SUPPLY Sustainable economic growth and strong institutions are interlinked, and the present report summarizes recent economic and fiscal developments in West Bank and Gaza (WB&G) as well as providing a broad overview of institutional accomplishments to date. The present report begins by discussing the apparent slowdown in economic growth in WB&G and the current fiscal crisis facing the Palestinian Authority (PA)-resulting partly from lower-than-expected external support this year. A further drop in donor funding would likely reduce growth, which would in turn further aggravate the fiscal situation in the coming year. A protracted fiscal crisis, in turn, risks jeopardizing the gains made in institution-building and thereby losing what has been painstakingly achieved over the past years. In addition, the report highlights that in order for the PA to sustain the reform momentum and its achievements in institution-building, remaining Israeli restrictions must be lifted and any reductions in international aid flows must be carefully calibrated and managed. Economic growth in WB&G has slowed down in 2011, and together with the shortfall in external financing, this has led to a fiscal crisis for the PA. Economic growth in WB&G remains robust but appears to be slowing due to economic and political uncertainty, so that the International Monetary Fund (IMF) has revised the projected real Gross Domestic Product (GDP) growth rate for 2011 from 9 down to 7 percent. Despite some improvement, unemployment remains stubbornly high and labor force participation low in WB&G. 2017-06-14T21:44:00Z 2017-06-14T21:44:00Z 2011-09-18 Report http://documents.worldbank.org/curated/en/135181468321869156/Sustaining-achievements-in-Palestinian-institution-building-and-economic-growth-economic-monitoring-report-to-the-Ad-Hoc-Liaison-Committee http://hdl.handle.net/10986/27154 English 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 Middle East and North Africa West Bank and Gaza