World Bank, IMF See Worsening Palestinian Fiscal Crisis -- Reuters
* Calls on foreign donors to make good on pledges
* Urges Israel to ease West Bank restrictions
RAMALLAH, West Bank, Sept 19 (Reuters) - A gathering crisis in the Palestinian economy will worsen unless foreign funding increases and Israel eases long-standing curbs on development, the World Bank and International Monetary Fund said on Wednesday.
"Looking ahead, with persisting restrictions, financing difficulties with aid shortfalls, and stalemate in the peace process, there is a high risk of a continued economic slowdown, a rise in unemployment, and social upheaval," the IMF said.
Read more ....
More News On The Unrest In the Palestinian Communities
'Serious fiscal crisis' in Palestinian territories -- BBC
World Bank sees Palestinian fiscal crisis worsening -- Washington Post
World Bank: Palestinian fiscal crisis is deepening -- AP
World Bank, IMF warn on Palestinian budget shortfall -- Business Recorder
Financial Strains Said to Threaten Stability of Palestinian Authority -- New York Times
Palestinian protests in West Bank highlight link between economy and security -- Haaretz
Palestinian leadership considers withdrawing from the Oslo accords -- The Guardian
Palestinians may cancel Oslo Accords with Israel, says top negotiator -- Haaretz
Palestinian leadership considers annulling peace deal with Israel -- Xinhuanet
Hamas angered as Palestinian rival arrests supporters -- Reuters
My Comment: I guess the corrupt Palestinian leadership wants more. On a side note .... here is another indication that Egypt is following the Islamic path .... especially when it comes to the Palestinians.
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