Against the backdrop of the humanitarian emergency in Gaza and in line with our mission, the World Bank is working in close collaboration with development partners to support urgent relief efforts for the affected people of Gaza. In the immediate term, we are mobilizing resources through project restructurings and World Bank managed trust funds that deliver help to the poorest and most vulnerable people. The funds mobilized are being used to provide lifesaving interventions, including emergency medical supplies, food and water. These activities are being implemented through UN Agencies, including UNICEF, WHO and WFP, based upon their ability to operate on the ground during an active conflict. Å·ÃÀÈÕb´óƬ grieves the tragic loss of life and devastating impact on all civilians from this conflict.
Report - September 2024
The Palestinian territories are nearing economic freefall, amidst a historic humanitarian crisis in the Gaza Strip.
The cost of damages to critical infrastructure in Gaza between October 2023 and the end of January 2024 is estimated to be ~$18.5B according to a new report.
The Palestinian economy is expected to continue operating well below its potential. Growth is projected to hover around 3 percent and given population growth trends, income per capita is thus expected to stagnate, ...
The Palestinian economy¡¯s post-pandemic recovery continued in 2022 with GDP growth at 3.9 percent. However, the GDP growth is expected to slow during 2023 as the post-pandemic rebound tapers off.
The Palestinian economy was stagnant and the socio-economic situation already difficult prior to the breakout of COVID-19. This is attributed to restrictions by Israel (on trade, movement and access), recurrent ...
This report aims to assess the state of digital economy development in the West Bank and Gaza, identify opportunities for further growth, and inform reforms and donor support programs.
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