Subscribe to Print Edition | Tue., December 18, 2007 Tevet 9, 5768 | | Israel Time: 13:17 (EST+7) web haaretz.com   Back to Homepage Rosner's Domain Diplomacy Defense Jewish World Opinion National Print Edition Advertising Books Arts & Leisure Business Real Estate Easy Start Travel Week's End Anglo File Hanukkah

del.icio.us Digg It!  new Last update - 12:47 13/12/2007 World Bank: PA economy can't pick up when mobility is limited By Avi Issacharoff, Haaretz Correspondent Tags: roadblocks, World Bank  A report released Thursday by the World Bank warns that even if the donor countries meet all of the PA's demands for aid, the Palestinian economy will continue to deteriorate if Israel does not alter mobility and trade restrictions in the West Bank. The dire message comes ahead of the Pledging Conference to the Palestinian Authority next Monday in Paris. The report states that if the PA implements all of Prime Minister Salam Fayad's reforms, and if the donor countries transfer all the money to pay for these, the economic deterioration will be slowed, but not reversed. Advertisement "In order to reverse this downward cycle, the bank recommends parallel actions by the Palestinian Authority, Israel and the donors," the report says. However, the report contends that if Israel cancels its policy of restricting mobility and trade in the West Bank and lifts the siege on the Gaza Strip, the PA "has the potential to yield double-digit growth rates." In any event, in the short term the Palestinian economy will continue to rely on outside aid. The PA is asking for $1.9 billion in annual aid for the next three years. Of this, $1.644 billion will go for development and the remainder to pay salaries. Bookmark to del.icio.us Organic memory Israeli research is among '50 most significant scientific breakthroughs in 2007.' Floating the PA International donors pledged $7.4 billion to help boost the PA economy .   1.   fantasy land 04:50  |  vik 13/12/07   2.   Philistine economy was going down even with no restrictions 07:01  |  Genuine Tosefta 13/12/07   3.   PA Economy can`t pick up when priority is Kassams 08:01  |  Joe Sittizen 13/12/07   4.   yes and,,,, 09:01  |  daniel 13/12/07   5.   "has the potential to yield double-digit growth rates." 10:14  |  Genuine Tosefta 13/12/07   6.   An Interesting Observation 11:00  |  Neil 13/12/07   7.   re: Joe 11:01  |  Paulo 13/12/07   8.   what economy to pick up ? media hype once more 11:09  |  victor hardman 13/12/07   9.   Remove the Road Blocks NOW 11:13  |  Daniel 13/12/07   10.   9 daniel wants israel in the lions den ! 12:08  |  victor hardman 13/12/07   11.   A great contribution to Israel`s security 13:33  |  Murray 13/12/07   12.   double digit growth 16:51  |  steve 13/12/07   13.   No prosperity while being held hostage 19:12  |  Christian 17/12/07   14.   Daniel`s post 13:03  |  drmarty 18/12/07

Today Online IDF strikes kill 11 Islamic Jihad, Hamas men in 12 hours Responses: 168 Bradley Burston: Killing the Palestinian who wishes you dead Responses: 17 Rosner's guest: The PA's goal is the destruction of Israel Responses: 29 Yoel Marcus: Israel doesn't need a new Vietnam called Gaza Responses: 38 Officials: Israel to allow construction in W. Bank settlements Responses: 76 Rosner's Domain The more Jews complain about Huckabee...(What to Read) Guest: Leader of the Zionist Organization of America on post-Annapolis Mideast Without the Reform movement in Israel, there's no Reform movement So, Should American Jews have a voice in shaping Israel's policies? More Headlines 13:14 IDF kills at least 13 Islamic Jihad, Hamas militants 12:33 Vice Premier suggests swapping land with PA to keep settlements 11:25 Rights group: IDF isn't enforcing law on troops in W. Bank, Gaza 13:17 Doctor at Jewish NPO in Ethiopia nominated as CNN 'Hero' 10:47 Knesset okays establishing 'Big Brother' database for Police 11:40 Remaining Jews in Russia and Ukraine are 'proud to be Jewish' 12:30 Bomb placed under car kills 2 men in underworld-related incident 12:27 'Code of silence' thwarts police corruption investigations 23:57 Newly appointed U.S. Mideast envoy to visit Israel Tuesday 05:14 State Prosecutor urges officials to speak up in probes into IDF 02:51 Gazans: IDF restrictions deny us of animals for holiday sacrifice Previous Editions Select Day 17 dec 16 dec 14 dec 13 dec 12 dec 11 dec 10 dec 09 dec 07 dec 06 dec 05 dec 04 dec

Special Offers Advertisement Inbal Jerusalem Hotel Unbeatable rates at the Finest hotel in Jerusalem Invest in Macedonia New Business Heaven in Europe Long-term Israel programs MASA is your gateway. More programs. More grants. Eldan Rent a Car Israel's leading car rental company offers you a 20% discount on all online reservations Dead Sea Salt Beauty and skin care from the Dead Sea. Coupon code HAARETZ for 10% off! Junkyard Junk a car - get free towing nationwide and a tax-deductible receipt. Holiday Inn and Crown Plaza Israel Lowest internet rate Guaranteed at ichotelsgroup.com !

Home | TV | Print Edition | Diplomacy | Opinion | Arts & Leisure | Sports | Jewish World | Underground | Site rules |

© Copyright  Haaretz. All rights reserved