Search

Gaza’s contribution to the Palestinian economy was cut by half in the last three decades. And the human toll is troubling. In the recent conflict, 66 children lost their lives, 551 children perished in the previous conflict, and many more have lost their lives in past wars. The human cost is also reflected on those who became orphaned or ...

The new World Bank strategy will act to protect lives and livelihoods and put the jobs agenda at the forefront of its strategy”, said Kanthan Shankar, World Bank Country Director for West Bank and Gaza. More than a year into the COVID-19 pandemic, the crisis is unprecedented in an already faltering economy with job and income losses.

Washington, October 21, 2021 – The World Bank’s Board recommended today the allocation of US$80 million to support the economic welfare and durable opportunities for the Palestinian people. The funds, in the form of grants, will be transferred from the Bank’s own income to the dedicated Trust Fund for Gaza and the West Bank.

WASHINGTON, February 10, 2020 – Against the extremely limited access to safe drinking water in Gaza, the World Bank today announced a US$15 million grant to the Water Security Development - Gaza Central Desalination Program — Associated Works Phase I Project. The new project that aims to improve the quality and quantity of water in Gaza will benefit from a coordinated aid of US$42 million ...

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.

West Bank and Gaza: Water Security Development - Gaza Central Desalination Program- Associated Works Phase I Project . IDA Grant: US$ 15 million. Project ID: P168739. The project will be co-financed by a grant of US$42 million from the Palestinian Partnership for Infrastructure Development Multi-Donor Trust Fund (PID MDTF) administered by the Bank.

Gaza, October 10, 2018 - The Palestinian Energy Authority and the World Bank launched today the Gaza Solar Revolving Fund, a pilot aiming to install rooftop solar energy in Gaza for residential consumers, businesses and hospitals.The pilot model allows consumers to apply to the revolving fund for solar PV systems, with the cost repaid in monthly installments into the revolving fund.

The Integrated Cities and Urban Development project, with support from the World Bank,­­ is helping five major urban economic areas – Hebron, Nablus, Bethlehem, Ramallah-Al Bireh, and Gaza City – to begin adopting integrated metropolitan approaches. With a $5 million grant, local authorities from leading urban ar­­­eas are working ...

Unemployment in Gaza is the highest in the world at 43 percent. Even more alarming is the situation of youth unemployment which soared to more than 60 percent by the end of 2014. “Gaza’s unemployment and poverty figures are very troubling and the economic outlook is worrying. The current market in Gaza is not able to offer jobs leaving a ...

WASHINGTON, February 28, 2023 — The World Bank announced today a US$25 million grant for the Water Security and Resilience Project and a US$15 million grant for the Resilient Municipal Services Project in the Palestinian territories. Both operations will be co-financed with an additional US$33 million from the Partnership for Infrastructure ...