UNCTAD/ Geneva/ COVID-19 has compounded the dire economic conditions in the Occupied Palestinian Territory (oPt), which were moving from bad to worse before the pandemic, according to the latest UNCTAD …
Read More »PMA Business Cycle Index back to decline
PNN/ Ramallah/ The results of PMA Business Cycle Index (PMABCI) revealed that the overall index failed to maintain its gradual recovery. Falling this month to around -45.7 points compared to …
Read More »Ways for Bethlehemites to save the economy of their city
By Nour Alsqa- PNN/ Bethlehem/ High hopes for 2020 are on the verge of collapse due to the pandemic. However, Palestinians could still save the day. In 2019, Palestinian were …
Read More »PCBS: Decrease in the Industrial Production Index during January
PNN/ Ramallah/ The overall IPI in Palestine reached 107.36 during January 2020 with a decrease of 1.42% compared to December 2019 (Base Year 2018 = 100), the Palestinian Central Bureau …
Read More »Israel threatens to ban Palestinian products
Yesterday, the Israeli government threatened to officially ban Palestinian products from the Isreali markets unless the Palestinian boycott of Israeli calves and sheep is lifted. Major General Kamil Abu Rukun, …
Read More »Gaza’s industry and economy shattered by Israeli siege
Palestinian MP Jamal Al-Khodari said Friday that 100 per cent of Gaza factories have been completely or at least partially destroyed and put out of business due to the Israeli …
Read More »Extended PMA Business Cycle Index drops in West Bank and Gaza
PNN/ Ramallah/ The PMA has released the results of its extended Business Cycle Index (extended PMABCI) for September 2019. The results showed that the overall index has declined against the …
Read More »World Bank: PA facing a $1.8 billion financial gap
PNN/ Ramallah/ The Palestinian Authority is facing a financing gap that could exceed $1.8 billion for 2019, the World Bank said in a report. The financing gap is due to …
Read More »Palestine to host first International Conference on Entrepreneurship in Bethlehem
PNN/ Ramallah/ Under the name “3E” Palestine will host the first of its kind international conference on empowering the entrepreneurial ecosystem in Palestine. The conference is being organized by the …
Read More »A decrease in Registered* Imports in Goods by 4% in May, 05/2019
Ramallah/PNN/ Exports decreased in May, 2019 by 1% compared to April, 2019. It also decreased by 6% compared to May, 2018 and reached USD 89.7 Million. Exports to Israel increased …
Read More »Stock of external government debt amounted to about USD 1 billion at the end of the first quarter 2019
Ramallah/PNN/ The Gross External Debt on the Palestinian economic sectors reached USD 1,680 million increased by 9.4% compared with previous quarter, the debt on government sector represented 61%, while debt …
Read More »The Net Stock of the International Investment Position (IIP) Increased by 4% First Quarter 2019
Ramallah/PNN/ The Palestinian Central Bureau of Statistics (PCBS) and the Palestine Monetary Authority (PMA) announced the preliminary results of the International Investment Position (IIP), and External Debt statistics for Palestine …
Read More »Vocational Training Conference held to benefit Bethlehem Youth
The Council of Employment and Local Training in the Bethlehem Governorate held its first annual conference on the role of vocational education and training in development and employment. Their goal …
Read More »World Bank: PA incurs US$285 million in annual fiscal losses
PNN/Jerusalem A new World Bank report estimates that the Palestinian Authority is losing US$285 million in revenues annually under the current economic arrangements with the Israeli Government. The report states that these …
Read More »World Bank: lift restrictions to promote a better regulation and economy in Palestine
PNN/Ramallah A new World Bank report estimates the Palestinian mobile sector revenue losses at more than US$1 billion in the last three years. The Palestinian Authority’s fiscal losses for the same period are as …
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