News for PA Economic Growth UN asks for donations for PAUnited Nations urges donor states to provide $350 million in aid for the Palestinian Authority in 2019.PA receives millions for Area C ArabsPA receives aid from several European countries and UNDP meant to help the Palestinians' "steadfastness". UN appeals for $547 million in aid to PAUN launches appeal for $547 million to help 1.6 million Palestinian Arabs. The PA continues to spend its budget on terrorist salaries. Saudis delay transfer of money to PAPA says Saudi Arabia has failed to transfer its monthly financial aid for seven straight months. World Bank calls on donors to help PAWorld Bank says international donor support is a must to maintain the PA's budget-cutting achievements. Report: Congress delaying aid to PAPA says Congress members are delaying $159 million in aid in an effort to pressure the PA to relaunch negotiations with Israel. PA confirms economic talks with IsraelPA Finance Minister confirms he met Israeli counterpart Kahlon to discuss an economic agreement to boost the PA economy. Report: Israel to assist PA economicallyKahlon reportedly putting together a series of economic measures to help alleviate the pressure on the Palestinian population. Saudi Arabia Increases Financial Aid to the PASaudi Arabia to increase its monthly aid to PA to $20 million, bringing its yearly aid to the PA budget to $60 million. IMF Calls for Donor Support for PA TerritoriesInternational Monetary Fund calls for more donor aid to support the economic recovery of the PA-assigned areas. Abbas Threatens Israel Over Frozen Tax RevenuesPA chairman tells European leaders he will stop security coordination with Israel if it continues to withhold the PA’s tax revenue. Kerry Concerned Over 'Viability' of PAKerry warns PA may cease to exist if it does not soon receive tax revenue which has been withheld by Israel.IMF: Gaza War Pushed PA Economy to RecessionLast summer's Gaza drove the Palestinian economy into its first contraction since 2006, says International Monetary Fund. Saudi Arabia Gives the PA $60 MillionSaudi Arabia provides the PA with $60 million, covering the Kingdom's financial contribution to the PA for October, November and December. Washington Reviewing Financial Aid to PAThe United States reviewing its annual $440-million aid package to the PA because of its effort to join the ICC, says State Department. PA Reports Increase in Imports from IsraelThe PA has seen an increase in both importing from Israel and exporting to Israel, according to new statistics. PA Wants to Drill for Oil in Judea and SamariaPA announces tender for oil exploration, ignores the fact that the exploration area is in a region under Israeli control. Financial Crisis? PA Planning Airport and RailwayPA announces several new transportation related projects and is even seeking to expand into areas under Israeli control.IMF: Failure of Peace Talks Will Hurt PA EconomyNew IMF report says that success in peace talks could boost the PA’s economic growth, but failure could cause increased debt. Abbas: We Can't Pay Salaries, it's Israel's FaultPA Chairman blames Israeli "occupation" for his entity's difficult economic situation. Israel, PA Agree to Resume Economic CooperationFinance Minister Yair Lapid and PA counterpart agree to resume economic times frozen since November.Sweden May Slash its Aid to the PASweden is considering slashing its aid to the PA because of a lack of progress in achieving a two-state solution, says a Swedish minister. PA Official: The Financial Crisis is Getting WorseThe PA is $4.2 billion in internal and external debt, announces its deputy prime minister. Kerry's Plan for PA Receives Cool ReceptionA $4 billion U.S. plan to boost the PA's met with a cool response as PA leaders insist on a political dimension to the stimulus. Kerry Announces Plan to Boost PA EconomyU.S. Secretary of State John Kerry unveils plan to boost the PA's economy by attracting $4 billion in private investment. U.S. Quietly Unblocks Financial Aid to PAThe United States has quietly unblocked almost $500 million in aid to the Palestinian Authority which had been frozen by Congress. Donors Progress in Raising Funds for Failing PAInternational donors are making progress toward finding the $1.2 billion needed to help fund the PA, officials say.PA Asks the World: Help Our Failing EconomyThe Palestinian Authority has urged the world to step up financial aid and press Israel to allow economic development. IMF Warns Over PA Economy in New ReportThe International Monetary Fund calls on Israel and the PA to help support the economy of Gaza and Judea and Samaria.Saudis Offer More Money to Cash-Strapped PASaudi Arabia will contribute $20 million each month to the Palestinian Authority, a Saudi official says. PA to Receive $100 Million from Saudi ArabiaThe Palestinian Authority, facing its worst financial crisis ever, will receive financial assistance from Saudi Arabia. Abbas Warns of Hardships Without Arab 'Safety Net'PA Chairman warns that if Arab countries don't deliver on their promised 'safety net', the PA will be in a difficult situation. Arab League Chief to Visit RamallahArab League chief Nabil al-Arabi will visit Ramallah and focus on a financial "safety net" to ease the economic crisis in the PA government. Fayyad: Arab Countries Evading Commitment to PAPA Prime Minister Salam Fayyad calls for an urgent Arab summit to address the PA's financial crisis. PA Government Workers Go on StrikeEmployees of the Palestinian Authority government across Judea and Samaria start a strike over unpaid salaries. As usual, they blame Israel. Fayyad Urges Arabs to Follow Up on 'Safety Net'PA prime minister Salam Fayyad urges Arab League nations to make good on $100 million a month in pledged "safety net" funds. Arab League Pledges 'Safety Net' to AbbasRepresentatives of the Arab League pledge to transfer a monthly sum of 100 million dollars as a “financial safety net" for PA. 9 Illegal Entrants Crammed into Truck WallGuards find nine illegal PA entrants crammed behind a false wall. Report: Fayyad to Resign as PA's Prime MinisterPalestinian Authority Prime Minister Salam Fayyad has presented a plan to form a more inclusive factional government. Israel Helps PA Economy, Lets More Workers InIsrael’s latest measures to improve the PA economy include approval of construction projects, more permits, and more Gaza exports. European Minister Blames Israel for PA CrisisEuropean minister blames Israel for PA's financial crisis as its finance minister warns that efforts to create a state could collapse. Israel, PA Talking About Developing GasIsrael has held talks with the PA over the development of a gas field off the coast of Gaza, says a report by the Israeli foreign ministry.PA Ends Restriction on Imports from IsraelDecision is an attempt to reduce spiraling prices as transportation union says it plans new protest actions. 'Arab Spring' Hits PA, Hundreds Protest in ShechemHundreds of protesters gather in the main square in Shechem, calling for the ouster of PA Prime Minister Salam Fayyad. Israel Has Removed All but 10 Roadblocks in YeshaOnly 10 roadblocks remain in Judea and Samaria after more than a hundred others have been removed as “goodwill” measure to Abbas. Abbas to Ask Islamic Countries for Major AidPA Chairman Abbas to present Islamic countries with a multi-sector aid plan to lift the PA out of its financial crisis.Is Israel Helping PA Prepare for War?Israel is boosting the PA economy while the PA continues its incitement and enmity – which could help the PA in case of open conflict. PA, Israel Sign Agreements on Taxes, GoodsFinance Minister Steinitz and PA Prime Minister Fayyad agree on arrangements regarding taxation and the transfer of goods.World Bank Says PA Economy UnsustainableNew World Bank report says the economic growth in the PA is unsustainable and cannot support a future state. Obama Bypasses Congress, Frees Aid to PAPresident Barack Obama signs a waiver declaring that aid to the PA is “important to the security interests of the United States.” U.S. Unblocks Aid to Palestinian AuthorityTwo Republicans in the House of Representatives release restrictions on the disbursement of U.S. assistance to the PA. PA Denies 'Secret Economic Talks' with IsraelIsraeli press reported that the Finance Ministry and the PA hope to sign a new economic agreement. |
