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Daily Israel Report
19:15
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News Brief

  7/3/2013, Tammuz 25, 5773

International Monetary Fund: Gaza is in Debt


The International Monetary Fund predicted that the Palestinian Authority would have a $1.7 billion deficit for the 2013 fiscal year. It noted that much of the Palestinian Authority expenditures are heavily dependent upon foreign aid. The IMF released a report on Wednesday about the PA's money problems following a visit to the region