2010: Palestinian economy far from recovery
The Palestinian economy held back by:
- The enduring cost of Israeli military operation in Gaza
- The closure policy in the West Bank
- The siege of Gaza
A weakened tradable goods sector and an eroded productive base are at the heart of the Palestinian development bottleneck.
- Rehabilitation of the Palestinian economy requires complete removal of all Israeli restrictions on the movement of Palestinian people and goods.
- Without lifting the West Bank closures and ending the blockade on Gaza, the impact of donor aid and PA development efforts will continue to be minimal.
For more information, see UNCTAD’s “The Assistance to the Palestinian People Unit” page.