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Economy

Funds contradicting our people’s rights are unacceptable

Bethlehem/PNN/ Members of the Palestinian National Campaign to Reject Politically Conditioned funding met to discuss developments related to the European…

Business Cycle Index ending the year with a better performance

PNN/ Ramallah/ The PMA has released the results of its extended Business Cycle Index (extended PMABCI) for December 2019. The…

Foreign Ministry slams Israel’s cut from the Palestinian tax revenues

Ramallah/PNN/ The Palestinian Ministry of  Foreign Affairs and Expatriates slammed Israel’s decision to deduct millions of dollars from the Palestinian…

Deficit in Current Account is USD 387 Million of the Palestinian Balance of Payments Third Quarter 2019

Ramallah/PNN/ The Palestinian Central Bureau of Statistics (PCBS) and the Palestine Monetary Authority (PMA) announced the preliminary results of the…

World Bank Invests US$9 Million in Palestinian Early Childhood Development

WASHINGTON/PNN/ The World Bank announced today a new grant of US$9 million to improve Palestinian early childhood development. The project…

Gaza economy sustains nearly $100mn monthly loss due to Israeli blockade: NGO

GAZA/PNN/ A Palestinian NGO says the economic loss imposed on the Gaza Strip as a result of Israel’s blockade of…

Palestinian economy sustains $2.5bn yearly revenues loss due to Israeli occupation: UN

Bethlehem/PNN/ A UN report says the Israeli regime’s occupation has cost the Palestinian economy more than 2.5 billions of dollars…

EU contributes €8 mln to PA payment of November salaries

PNN/ Bethlehem/ The European Union has made today a contribution of €8 million to the payment of November salaries and…

Palestine lost $48 billion between 2000-2017 due to occupation

PNN/ New York/ The fiscal cost of occupation for the Palestinian people, over the 2000-2017 period, is estimated at US$47.7…

Italian deputy minister of foreign affairs confirms support for two states

Ramallah/PNN/ The Italian Deputy Minister of Foreign Affairs and International Cooperation, Marina Sereni, together with the Palestinian Prime Minister, Mohammed…

Abbas issues decree to renew the term of PMA Governor Office

PNN/ Ramallah/ President Mahmoud Abbas, issued a Presidential Decree renewing the term of office of the Governor of Palestine Monetary…

Gaza suffers 3 million dollars in damage due to Israeli attacks in 2019

This year alone, the damage dealt by Israeli strikes and bombings in Gaza amounts to at least 3 million USD,…

Foodstuffs from occupied West Bank no longer ‘Made in Israel’

Foodstuffs produced in Israeli settlements on the occupied West Bank should from now on carry a label clearly indicating their…

EBRD addressing youth unemployment in West Bank and Gaza

Ramallah/PNN/ The EBRD and its co-investors the Palestine Investment Fund, Semilla de Olivo and FMO (the Netherlands Development Finance Company)…

The EU contributes €16.5 million to the PA payment of October salaries and pensions

Bethlehem/PNN/ The European Union has made today a contribution of €16.5 million to the payment of October salaries and pensions…