| Summary: | The thirteenth government of the Palestinian Authority (PA) presented in August 2009 a program entitled Palestine: ending the occupation, establishing the state (hereafter referred to as the program) that lays out the vision, foundational principles, and national goals for the future Palestinian state, as well as institution-building and sector priorities. This report will therefore begin by discussing recent trends in the economic restrictions imposed by the Government of Israel (GoI) on West Bank and Gaza (WB&G). The next section will focus on an analysis of economic and fiscal developments, highlighting the fact that WB&G experienced in 2009 a third consecutive year of economic growth and rising per capita GDP, driven by large inflows of external assistance and a relatively stable security situation. Despite the growth, however, the recurrent deficit rose from roughly US
|
|---|