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Palestinian Umbrella for Resilience Support to the Economy (PURSE)

Multi Donor Trust Fund (MDTF)

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Economic Monitoring Report to the Ad Hoc Liaison Committee

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, negatively impacting living standards.

Economic Monitoring Report to the Ad Hoc Liaison Committee

Despite some signs of recovery, the Palestinian economy has not yet rebounded to its pre-pandemic level. The ongoing restrictions on movement and access, the long-term effects of fiscal distress, combined with a rapid increase in prices are contributing to a slower economic recovery.

Economic Monitoring Report to the Ad Hoc Liaison Committee

Despite signs of recovery after the easing of COVID-related measures, the fiscal situation remains highly challenging due to the accumulation of large arrears and very low aid.

Children in Beit Hanoun, Gaza.
The PURSE aims to provide a platform to harness Development Partners’, the World Bank’s, and the Palestinian Authority’s efforts to address development challenges at a strategic level.

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Arden Finn
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Jabez Sungwoo Chun
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