You have commented 375 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Israel-Palestine
Israel urged to rescue Palestinian economy
2004-11-23
"Nope. Can't do it. Too busy occupying. Try asking Soddy Arabia."
The World Bank called on Israel to sharply reduce army closures which have decimated Palestinian trade and employment, painting a bleak picture of the economy of the occupied territories. Four years into the Palestinian uprising, average incomes have dropped by more than a third and a quarter of the workforce is unemployed, said one report entitled: "Four years - Intifada, Closures and Palestinian Economic Crisis". A massive 47 percent of the Palestinian population in the occupied territories live below the official poverty line, on barely two dollars a day, the report found. "More than 600,000 people - 16 percent of the population - cannot afford even the basic necessities for subsistence."

A second report entitled "Deep Palestinian Poverty in the Midst of Economic Crisis" said that generally well-targeted donor relief had helped in preventing widespread malnutrition and lowered the poverty rate. But it warned that "in the short term, a significant portion of the Palestinian population is likely to remain poor and increasingly vulnerable to further shocks as their savings are exhausted". Donors disbursed 883 million dollars in 2003 - 264 million of which went to emergency and humanitarian aid and the same amount to budget support.
Suha spent the rest.
Posted by:Fred

#9  comments); ?>werwer
Posted by: Bomb-a-rama   2004-11-23 9:07:48 PM  

#8  comments); ?>werwer
Posted by: Shipman   2004-11-23 6:53:57 PM  

#7  comments); ?>werwer
Posted by: Mrs. Davis   2004-11-23 5:38:25 PM  

#6  comments); ?>werwer
Posted by: Random thoughts   2004-11-23 5:34:49 PM  

#5  comments); ?>werwer
Posted by: RWV   2004-11-23 5:29:41 PM  

#4  comments); ?>werwer
Posted by: SON OF TOLUI   2004-11-23 5:25:19 PM  

#3  comments); ?>werwer
Posted by: Barbara Skolaut   2004-11-23 5:10:35 PM  

#2  comments); ?>werwer
Posted by: tu3031   2004-11-23 5:05:39 PM  

#1  comments); ?>werwer
Posted by: gromgorru   2004-11-23 5:00:32 PM  

00:00