Stagnation or Revival? Palestinian Economic Prospects

The Palestinian Authority (PA) continues to experience a severe fiscal crisis, which threatens to become protracted given recent and projected declines in donor assistance. The PA is making a concerted effort to strengthen its fiscal position, incl...

Full description

Bibliographic Details
Main Author:	World Bank
Format:	Brief
Language:	English
Published:	Washington, DC 2012
Subjects:	ARREARS BANKING SECTOR BANKS BASIC SERVICES BUSINESS ENVIRONMENT CONFIDENCE EMPLOYMENT EXPENDITURES FACTORS OF PRODUCTION GROWTH RATE INCOME INFRASTRUCTURE PROJECTS INVESTOR CONFIDENCE JOB CREATION LAWS NATURAL RESOURCES PRIVATE SECTOR GROWTH RECURRENT BUDGET DEFICIT RECURRENT DEFICIT REGULATORY REFORMS SERVICE DELIVERY SUSTAINABLE ECONOMIC GROWTH SUSTAINABLE GROWTH TAX TRADITIONAL MARKETS
Online Access:	http://documents.worldbank.org/curated/en/2012/03/15987169/stagnation-or-revival-palestinian-economic-prospects http://hdl.handle.net/10986/10843

id	okr-10986-10843
recordtype	oai_dc
spelling	okr-10986-108432021-04-23T14:02:52Z Stagnation or Revival? Palestinian Economic Prospects World Bank ARREARS BANKING SECTOR BANKS BASIC SERVICES BUSINESS ENVIRONMENT CONFIDENCE EMPLOYMENT EXPENDITURES FACTORS OF PRODUCTION GROWTH RATE INCOME INFRASTRUCTURE PROJECTS INVESTOR CONFIDENCE JOB CREATION LAWS NATURAL RESOURCES PRIVATE SECTOR GROWTH RECURRENT BUDGET DEFICIT RECURRENT DEFICIT REGULATORY REFORMS SERVICE DELIVERY SUSTAINABLE ECONOMIC GROWTH SUSTAINABLE GROWTH TAX TRADITIONAL MARKETS The Palestinian Authority (PA) continues to experience a severe fiscal crisis, which threatens to become protracted given recent and projected declines in donor assistance. The PA is making a concerted effort to strengthen its fiscal position, including taking steps to raise domestic revenues and control expenditures. However, these efforts will not be successful unless they are supported by concrete and known actions of the Government of Israel, such as the sharing of relevant tax information on Palestinian revenues. In addition, in the short-term it is imperative that additional donor funding be identified as the PA simply cannot take enough steps to reduce the projected recurrent deficit to the currently expected level of aid. A continuation of the current trend of reduction in donor aid would likely aggravate the Palestinian fiscal crisis, potentially jeopardizing gains made in recent years in institution-building. 2012-08-13T13:15:44Z 2012-08-13T13:15:44Z 2012-03 http://documents.worldbank.org/curated/en/2012/03/15987169/stagnation-or-revival-palestinian-economic-prospects http://hdl.handle.net/10986/10843 English MENA Knowledge and Learning Quick Notes Series; No. 61 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Publications & Research :: Brief Publications & Research Middle East and North Africa
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ARREARS BANKING SECTOR BANKS BASIC SERVICES BUSINESS ENVIRONMENT CONFIDENCE EMPLOYMENT EXPENDITURES FACTORS OF PRODUCTION GROWTH RATE INCOME INFRASTRUCTURE PROJECTS INVESTOR CONFIDENCE JOB CREATION LAWS NATURAL RESOURCES PRIVATE SECTOR GROWTH RECURRENT BUDGET DEFICIT RECURRENT DEFICIT REGULATORY REFORMS SERVICE DELIVERY SUSTAINABLE ECONOMIC GROWTH SUSTAINABLE GROWTH TAX TRADITIONAL MARKETS
spellingShingle	ARREARS BANKING SECTOR BANKS BASIC SERVICES BUSINESS ENVIRONMENT CONFIDENCE EMPLOYMENT EXPENDITURES FACTORS OF PRODUCTION GROWTH RATE INCOME INFRASTRUCTURE PROJECTS INVESTOR CONFIDENCE JOB CREATION LAWS NATURAL RESOURCES PRIVATE SECTOR GROWTH RECURRENT BUDGET DEFICIT RECURRENT DEFICIT REGULATORY REFORMS SERVICE DELIVERY SUSTAINABLE ECONOMIC GROWTH SUSTAINABLE GROWTH TAX TRADITIONAL MARKETS World Bank Stagnation or Revival? Palestinian Economic Prospects
geographic_facet	Middle East and North Africa
relation	MENA Knowledge and Learning Quick Notes Series; No. 61
description	The Palestinian Authority (PA) continues to experience a severe fiscal crisis, which threatens to become protracted given recent and projected declines in donor assistance. The PA is making a concerted effort to strengthen its fiscal position, including taking steps to raise domestic revenues and control expenditures. However, these efforts will not be successful unless they are supported by concrete and known actions of the Government of Israel, such as the sharing of relevant tax information on Palestinian revenues. In addition, in the short-term it is imperative that additional donor funding be identified as the PA simply cannot take enough steps to reduce the projected recurrent deficit to the currently expected level of aid. A continuation of the current trend of reduction in donor aid would likely aggravate the Palestinian fiscal crisis, potentially jeopardizing gains made in recent years in institution-building.
format	Publications & Research :: Brief
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Stagnation or Revival? Palestinian Economic Prospects
title_short	Stagnation or Revival? Palestinian Economic Prospects
title_full	Stagnation or Revival? Palestinian Economic Prospects
title_fullStr	Stagnation or Revival? Palestinian Economic Prospects
title_full_unstemmed	Stagnation or Revival? Palestinian Economic Prospects
title_sort	stagnation or revival? palestinian economic prospects
publisher	Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2012/03/15987169/stagnation-or-revival-palestinian-economic-prospects http://hdl.handle.net/10986/10843
_version_	1764414579856637952

Stagnation or Revival? Palestinian Economic Prospects

Similar Items