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Economic Developments in the Palestinian Territories (الإنجليزية)

The Palestinian economy has been in a very difficult situation in 2020 facing triple crises reinforcing each other: i) a resurgent COVID-19 outbreak, ii) a severe economic slowdown, and iii) a political standoff with the Government of Israel that disrupted clearance revenues for over six months (May-November 2020). Consequently, GDP for the entire year is expected to contract by about 8 percent. Even though the Palestinian Authority’s recent decision...
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