Notably, this outturn is a result of Gaza registering minimal positive growth following a steep recession in 2018 (-3.5%), while growth in the West Bank in 2019 is expected to reach the lowest level over the last ﬁve years (1.1%), down from 2.3% in 2018.
The World Bank Group has two goals, to end extreme poverty and promote shared prosperity in a sustainable way. We engage the development community with real-world statistics. On average, women have just three-fourths the legal rights of men. On average, women have just three-fourths the legal rights of men. In emerging and developing economies ...
Gaza: Fact Sheet1 A. The Palestinian Economy The Palestinian economy entered into a recession in 2014. A quarter of the Palestinian workforce remains unemployed— including 16% in the West Bank and 45% in Gaza. A quarter of the Palestinian population lives in poverty, with rates in Gaza twice as high as in the West Bank. The economic
Gaza needs about 570 megawatts of power to function. Right now, it has less than one-quarter of that. That’s why doing business is an uphill battle for companies throughout Gaza. Al Seksek, for example, has nine assembly lines, but only one is operational.
The Gaza Economy: Economic activity in Gaza remains volatile and almost entirely dependent on aid and remittances, with growth rates determined by (i) the level of aid inflows and (ii) the degree of trade restrictions. Gaza’s final consumption is 1.6 times larger than GDP, and its investment a mere 5 percent of
GAZA ACTIONS AND MILESTONES 95% 76.00% 0% 0 2.50% 53% 100% 20% 30% 15% Coverage of residential areas Coverage by JSCs House separation of SW Materials recycling (%) Composting of organic materials (%) Coverage of sanitary landfills Solid Waste in Gaza 2017 (actual) 2022 (target) The Courage to Tell a Hidden Story
WASHINGTON, May 23, 2019 – The World Bank announced today an additional US$10 million to scale up ongoing efforts to improve municipal services for Palestinians living in Gaza.In addition to the new grant, the Third Municipal Development Project will also benefit from US$5 million in donor co-financing from the Partnership for Infrastructure Development Trust Fund.
This trust fund was established by the World Bank in March 2008 at the request of the Palestinian Authority and several donors who wanted an independent supervised mechanism for channeling budget support funds to the West Bank and Gaza.
Fragility, conflict, and violence (FCV) is a critical development challenge that threatens efforts to end extreme poverty, affecting both low- and middle-income countries. By 2030, FCV countries will be home to 46% of the world’s extreme poor. Conflicts also drive 80% of all humanitarian needs and reduce gross domestic product (GDP) growth by ...
Lao PDR is one of the fastest growing economies in East Asia and the Pacific. It has improved access to electricity, schools, roads, and has become an important energy exporter. The Poverty Reduction Fund has directly benefited over 10,000 families in Lao PDR. Join us on a virtual journey to Huaichai village to learn how water, sanitation, and ...