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 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
Washington, April 2, 2020: A new US$5 million emergency operation was approved today by the World Bank to help the West Bank and Gaza address urgent health needs from the COVID-19 pandemic.. The operation will support efforts to slow down and limit the transmission of COVID-19 and improve the clinical care and case management of those affected by the disease.
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.
West Bank and Gaza - Water Sector Capacity Building Project : financial statements for the year ended December 31, 2015 Report#: 107970 Date: December 31, 2015 Appraisal Integrated Safeguards Data Sheet (Concept Stage) - Gaza Sustainable Water Supply Program - P150494
With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.
As countries around the world contend with the health emergency of the COVID-19 pandemic, The pandemic has affected both demand for and supply of commodities, the April edition of the Commodity Markets Outlook reports. Those effects are direct, resulting from shutdowns to mitigate the spread of the virus and disruptions to supply chains, and also indirect, as the global response slows growth ...
The first comprehensive study of the potential impact of this ‘restricted land,’ released by the World Bank today, sets the current loss to the Palestinian economy at about US$3.4 billion. Area C constitutes 61 percent of the West Bank and is the only contiguous land connecting 227 smaller separate and heavily residential areas.
Reconstrução de Redes Rodoviárias Resilientes. O Governo de Moçambique concluiu e inaugurou em Março de 2019 redes de estradas reconstruídas na província de Gaza, no sul de Moçambique, no seguimento da sua destruição causada pelas cheias devastadoras 2012/13.
A strong and engaged private sector is indispensable to ending extreme poverty and boosting shared prosperity. That’s where IFC comes in—we have more than 60 years of experience in unlocking private investment, creating markets and opportunities where they’re needed most. Since 1956, IFC has leveraged $2.6 billion in capital to deliver more than $265 billion in financing for businesses ...