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PA economy

News and updates about PA economy

World Bank warns:

PA economy faces 'bleak' outlook

World Bank claims Israel's restrictions on PA contribute to its bleak financial outlook.

PA economy faces 'bleak' outlook

PA to receive more than 1 billion shekels from Israel

PA to receive a transfer of 1.5 billion shekels from Israel amid dispute between the sides over payments to terrorists.

PA to receive more than 1 billion shekels from Israel

PA cabinet head: Israel wants to destroy Palestinian economy

Mohammad Shtayyeh calls on World Bank to intervene in Israel’s deductions from the tax revenues it collects on behalf of the PA.

PA cabinet head: Israel wants to destroy Palestinian economy

Netanyahu insists on transferring millions to PA

Report: Israel transferred money to PA in order to prevent economic collapse, but the PA is unwilling to accept the money.

Netanyahu insists on transferring millions to PA

UN asks for donations for PA

United Nations urges donor states to provide $350 million in aid for the Palestinian Authority in 2019.

UN asks for donations for PA

PA receives millions for Area C Arabs

PA receives aid from several European countries and UNDP meant to help the Palestinians' "steadfastness".

PA receives millions for Area C Arabs

Saudi Arabia increases financial aid to PA

Saudi government announces increase in financial aid to the Palestinian Authority.

Saudi Arabia increases financial aid to PA

PA mulling its own currency

PA envoy to Russia says PA considering its own currency but the issue is still being studied.

PA mulling its own currency

UN appeals for $547 million in aid to PA

UN launches appeal for $547 million to help 1.6 million Palestinian Arabs. The PA continues to spend its budget on terrorist salaries.

UN appeals for $547 million in aid to PA

World Bank calls on international donors to help PA

World Bank says international donor support is a must to maintain the PA's budget-cutting achievements.

World Bank calls on international donors to help PA

PA indicts Arab companies for selling Israeli products

PA cracks down on 2 companies selling Israeli goods, after it banned Arab firms from marketing from five Israeli companies.

PA indicts Arab companies for selling Israeli products

PA 'punishes' Israel by halting imports from six companies

PA announces it is halting imports from five major Israeli food production companies, cites a similar Israeli move against PA companies.

PA 'punishes' Israel by halting imports from six companies

Report: Congress delaying aid to PA

PA says Congress members are delaying $159 million in aid in an effort to pressure the PA to relaunch negotiations with Israel.

Report: Congress delaying aid to PA

Report: Israel formulating economic assistance plan for PA

Kahlon reportedly putting together a series of economic measures to help alleviate the pressure on the Palestinian population.

Report: Israel formulating economic assistance plan for PA

United States cutting PA's economic aid

United States cutting economic aid for the Palestinian Authority because of 'unhelpful actions' by the Palestinians, says American diplomat.

United States cutting PA's economic aid

Saudi Arabia Increases Financial Aid to the PA

Saudi Arabia to increase its monthly aid to PA to $20 million, bringing its yearly aid to the PA budget to $60 million.

Saudi Arabia Increases Financial Aid to the PA

EU Threatens Action Against Israel and PA if Talks Fail

The EU, fed up with the lack of progress in peace talks, threatens to cut annual aid to PA and label "settlement" products.

EU Threatens Action Against Israel and PA if Talks Fail

Fayyad Faces Protests Over Austerity Plans

1,000 Palestinian Authority Arabs march in Hevron in protest of Prime Minister Salam Fayyad’s austerity plans.

Fayyad Faces Protests Over Austerity Plans

Fayyad Seeks to Wean PA Off Foreign Aid

Prime minister is seeking to bolster the PA economy and wean Ramallah off billions in financial aid by 2013

Fayyad Seeks to Wean PA Off Foreign Aid

Fayyad Shoots for Beggar State

Palestinian Authority prime minister Salam Fayyad says PA's dependency on charity is not a valid argument against assuming mantle of statehood.

Fayyad Shoots for Beggar State

PA: Salaries Unpaid, Fayyad Blames Donors

A blow to statehood goal? PA cannot pay salaries, blames donor countries.

PA: Salaries Unpaid, Fayyad Blames Donors

Ramallah Gets Five-Star Luxury Hotel

The city of Ramallah, home to the Palestinian Authority, gets a five-star hotel; Israel blamed for lack of ice cream.

Ramallah Gets Five-Star Luxury Hotel

Fayyad Dunning for Funds at UN, Says PA 'Ready for Statehood'

PA Prime Minister Salam Fayyad is dunning for more funds at the UN General Assembly. The PA is "ready at any moment" for statehood, he said.

Fayyad Dunning for Funds at UN, Says PA 'Ready for Statehood'