US EditionPalestinian authority risks fiscal collapse
12 Articles
12 Articles
Palestinian authority risks fiscal collapse
WASHINGTON, United States — The Palestinian Authority is facing the possibility of financial collapse, the World Bank said in a report Thursday, as revenue streams run dry and economic activity drops precipitously against the backdrop of the Gaza war. “The fiscal situation of the Palestinian Authority has dramatically worsened in the last three months, significantly raising the risk of a fiscal collapse,” the World Bank said in a statement. “Rev…
Nearly all Gazans in poverty, Palestinian Authority facing ‘imminent
RIYADH: Nearly every Gazan is living in poverty as the Israel-Hamas war continues to have a “devastating impact” on the Palestinian economy, according to the World Bank. An analysis by the organization sets out how the economic consequences of the conflict have spread beyond Gaza and into the West Bank, with widespread unemployment and underemployment combined with inflation causing a rapid decline in purchasing power for households in both are…
![Lenta.RU [🇷🇺-affiliated]](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2F54d337f93d4216c40f0bbf0a3a7b46c926c46551.jpg%3Fwidth%3D24&w=64&q=75){kind=small}
За три месяца финансовое положение Палестины резко ухудшилось. Риск финансового краха автономии очень высок, предупредили аналитики Всемирного банка, их слова приводит ТАСС. По данным экспертов, с октября 2023 года Палестина потеряла около полумиллиона рабочих мест, а уровень бедности в регионе значительно вырос. Финансовое положение региона страдает из-за резкого сокращения объема таможенных пошлин, выплачиваемых автономии, а также снижения эко…
![RIA Novosti [🇷🇺-affiliated]](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2F2a0109015009cf4c268971a719f58598126b4051.jpg%3Fwidth%3D24&w=64&q=75){kind=small}
The budget deficit of the Palestinian National Authority (PNA) will double in the coming months and reach $1.2 billion, according to the World Bank (WB),... RIA Novosti, May 24, 2024
The World Bank warns in a report that the Palestinian national authority faces risks of a "general financial collapse" with "drying up of revenues" and a significant decline in economic activity against the backdrop of the Gaza war. The report states that "the general financial situation of the Palestinian authority has deteriorated significantly in the last three months, increasing the risks of a general financial collapse". The report also not…
Coverage Details
Bias Distribution
- 80% of the sources lean Right
![RIA Novosti [🇷🇺-affiliated]](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2F2a0109015009cf4c268971a719f58598126b4051.jpg%3Fwidth%3D60&w=128&q=75)
![Lenta.RU [🇷🇺-affiliated]](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2F54d337f93d4216c40f0bbf0a3a7b46c926c46551.jpg%3Fwidth%3D60&w=128&q=75)
To view factuality data please Upgrade to Premium
