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      Free Daily Israel Report
      Archive: 2/7/2014

      News Brief

        2/7/2014, Adar 7, 5774

      IMF: Failure of Peace Talks Will Further Hurt PA Economy

      The International Monetary Fund (IMF) said on Thursday that success in Middle East peace talks could boost the Palestinian Authority’s economic growth, but failure could cause increased debt, AFP reported.

      "A breakthrough in the peace talks could launch major donor initiatives...which could boost average annual real GDP growth to about 6.5 percent in 2014-19," said an IMF report on a January 28-February 6 visit by its officials to PA-controlled areas of Judea and Samaria, as well as to Gaza.