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Iyyar 22, 5773
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The Times of Israel

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the Jewish people worldwide

Founding editor:
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Topic: Palestinian economy

March 15, 2013
8:23 am

Palestinians celebrating in the West Bank city of Ramallah after the UN General Assembly voted to recognize Palestine as a non-member observer state, November 2012 (photo credit: Issam Rimawi/Flash90)

IMF says Palestinians in trouble

Decreased donor aid and Israeli restrictions on movement causing volatile economic slowdown and high unemployment

By Times of Israel staff

March 12, 2013
6:06 pm

Illustrative photo of a Palestinian vendor counting shekels in Gaza. (photo credit: Abed Rahim Khatib/Flash90)

World Bank blames Israel for damaging PA economy

Checkpoints, withheld tax revenues and banning of many exports all cause lasting damage to Palestinian finances

February 5, 2013
9:22 am

Isaac Herzog (photo credit: Uri Lenz/Flash90)

Labor MK says PA collapse could spell disaster for Israel

Abbas and Fayyad government the ‘only partner’ for peace negotiations,’ says Isaac Herzog in meeting in Ramallah

By Gabe Fisher

January 2, 2013
12:16 pm

Palestinian Foreign Minister Riyad al-Malki holds a joint press conference with Jordan's Foreign Minister Nasser Judeh (not seen), in the West Bank city of Ramallah. December 06, 2012 (photo credit: Issam Rimawi/Flash90)

Cash-strapped PA seeks emergency funds from China and Russia, lambastes Arab states for lack of aid

PA has billion-dollar deficit; Algeria transfers $26 million to Palestinian coffers

By Elhanan Miller

November 9, 2012
10:30 am

Israeli soldiers protect Palestinian olive pickers near Hebron in 2011 (Photo credit: Najeh Hashlamoun/Flash90)

Palestinians turn to organic farming

Local farmers in the West Bank exporting their olive oil to high-end grocers in the West

By Diaa Hadid

September 24, 2012
4:33 am

Palestinian women pass by a mural depicting late Palestinian Authority president Yasser Arafat and jailed Tanzim leader Marwan Barghouti at the Qalandia checkpoint (photo credit: Yonatan Sindel/Flash90)

Two-state solution in jeopardy due to fiscal crisis, says Palestinian minister

PA needs a major infusion of cash to prepare for statehood, Nabeel Kassis tells donor nations

September 19, 2012
9:49 am

Palestinians chant slogans against Prime Minister Salam Fayyad while protesting the high cost of living in the West Bank city of Hebron, September 10, 2012. (photo credit: Nasser Shiyoukhi/AP)

World Bank warns of Palestinian fiscal crisis, calls on donors to step up

In new report, organization says faltering PA economy hampered by Israeli limitations on freedom of movement in the West Bank

September 8, 2012
8:21 pm

Palestinian Authority President Mahmoud Abbas (photo credit: Issam Rimawi/Flash 90)

Abbas confirms he’ll seek non-member status for ‘Palestine’ at UN this month

PA chief says no money for salaries, as demonstrators in West Bank again demand resignation of PM Fayyad

By Times of Israel staff and AP

September 8, 2012
4:04 pm

Palestinian Authority President Mahmoud Abbas (photo credit: Issam Rimawi/Flash 90)

PA can’t pay salaries because donor countries have failed to provide promised funds, says Abbas

Demonstrators in West Bank again demand resignation of Palestinian Prime Minister Fayyad

By AP and Times of Israel staff

September 6, 2012
5:54 pm

Palestinians demonstrate against the government of Salam Fayyad in Ramallah, September 5 (photo credit: Issam Rimawi/ Flash90)

Embracing economic protests, Abbas declares beginning of ‘Palestinian Spring’

PA president’s sympathy may not calm the streets, experts warn

By Elhanan Miller

August 18, 2012
9:48 pm

An employee of a Palestinian drug import company prays at the company's warehouse in the West Bank city of Ramallah. The cash crunch, mainly due to a sharp drop in foreign aid since 2011, is threatening to set off a chain reaction of business failures, layoffs and economic downturn that would undermine one of the West's fundamental strategies toward resolving the Israeli-Palestinian conflict. (AP Photo/Nasser Shiyoukhi)

Palestinian government debt hurts private sector, causes drug shortage

Cash crunch threatens to set off a chain reaction that would undermine one of the West’s main peace-building strategies

By Karin Laub and Mohammed Daraghmeh

August 3, 2012
3:56 am

A Palestinian man displays money withdrawn from the Bank of Palestine in the Gaza Strip June, 2012 (photo credit: Abed Rahim Khatib/Flash90)

Romney’s comments aside, the Palestinian economy is tottering

PA’s financial crisis, political instability are erasing years of growth

By Ben Sales

August 3, 2012
3:13 am

Republican presidential candidate and former Massachusetts governor Mitt Romney delivers a speech in Jerusalem, Sunday, July 29 (photo credit: AP/Charles Dharapak)

Republicans double down on Romney’s Palestinian ‘culture’ comment

Undeterred by widespread criticism, supporters rush to defend challenger’s assertion that Palestinians suffer from stifling political and economic culture

By Haviv Rettig Gur

July 31, 2012
11:05 pm

A Palestinian farmer gathers tomatoes for export in Khan Yunis, the southern Gaza Strip, March 2, 2011 (photo credit: Abed Rahim Khatib/Flash 90)

Israeli NGO says Israel, not ‘divine providence,’ responsible for quashed Palestinian economy

Gisha rebuffs theories by Mitt Romney on why Israel’s economy boomed while the PA’s faltered

By Elhanan Miller

July 30, 2012
10:57 am

The offices of ASAL Technologies in Rammallah (photo credit: screen capture www.asaltech.com)

West Bank’s emerging Silicon Valley evades issues of borders

From the web NY Times: Palestinians are looking at the Israeli model of development as one they could implement and use

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