World Bank observations on Palestine’s economy gloss over Israel’s colonialism and apartheid

Humanitarian aid, which has played a major role in stagnating Palestine and Palestinians, is one of the factors mentioned in the latest World Bank analysis of the dire economic situation in the occupied Palestinian territories, as reported by the Palestinian Authority’s official news agency, Wafa.  The report notes that, despite the Palestinian economy recovering from 2020’s deficit of 11.3 per cent to reaching a growth of 7.1 per cent in 2021, “the management of fiscal policies remained challenging as the size of the deficit before aid reached $1.26 billion, while aid hit a record low of only $317 million in 2021.” OPINION: The US should be reminded that Israel’s settlement expansion is a war crime In theory and practice, the … Continue reading World Bank observations on Palestine’s economy gloss over Israel’s colonialism and apartheid