News Briefs

  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