Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Peace Talks Collapse Could Damage Palestinian Economy, IMF Warns  Join our daily free Newsletter

MENAFN - Qatar News Agency - 08/02/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Qatar News Agency) The lack of progress in Palestinian-Israeli peace talks will hurt the former's growth rate in 2014, The International Monetary Fund (IMF) said Friday. The IMF anticipates a growth of 2.5% in Palestinian GDP in 2014, compared to 1.5% in 2013. It warned today that failure to conclude a peace agreement with Israeli will lead to political and security instability that could damage the economy further.



Mission Chief for the West Bank and Gaza Christoph Duenwald said in a statemet today that "The economic outlook for 2014 and beyond depends heavily on the outcome of the peace talks." He revealed that the unemployment rate in Palestine was as high as 25% and the deficit worth 13.7% of Palestine's GDP. The latter figure is three points less than it was in 2012, thanks to the Palestinian Authority's policies




Palestinian Prime Minister Rami Al Hamdallah passed last Tuesday the budget of the 2014 fiscal year. The budget is worth 4.216 billion, with 1.279 billion in deficit.

 


Qatar News Agency




  MENA News Headlines
 Mar 28 2017 - ROME/CAIRO: Food Security in the Middle East Sharply DeterioratedMENAFN Press
(MENAFN Editorial) iCrowdNewswire - Mar 28, 2017 Food Security in the Middle East Sharply DeterioratedBy IPS World Desk An Egyptian farmer feeding cows fresh fodder. Credit: FAO ...

 Mar 28 2017 - Street & Passing Time Double Bill! An existential play set in a street that could be anyone's the characters are all lost and find they have little to live for.MENAFN Press
(MENAFN Editorial) iCrowdNewswire - Mar 28, 2017 Street & Passing Time Double Bill! From the company that brought you "Dog Sees God", "Not A Word", "A Broken Law " and "MONROE" comes our first ...

 Mar 29 2017 - UAE ranks ninth in global creative goods trade exports touch $16.1bKhaleej Times
(MENAFN - Khaleej Times) Total value of nation's foreign trade of creative industries at $30.7b The UAE ranks ninth in the global list of countries in terms of exports and re-exports of creative ...

 Mar 29 2017 - Free on-arrival visas to Chinese, Russians fuel spurt in Dubai tourist trafficKhaleej Times
(MENAFN - Khaleej Times) China, Russia move up rankings as key source markets for inbound tourism to Dubai. Dubai recorded a significant jump in tourist traffic in the first two months of 2017 on the ...

 Mar 29 2017 - Kuwait- Call to MPs conscienceArab Times
(MENAFN - Arab Times) Ahmad Al-Sarraf On its electronic web page, the Al-Qabas newspaper conducted a poll and asked the opinion of readers on the draft bill to reduce the retirement age of ...

 Mar 29 2017 - Salman and Abdullah II: Summit of promising potentialsArab Times
(MENAFN - Arab Times) Ahmed Al-Jarallah – Editor-in-Chief, the Arab Times EVERYONE knows the importance of the strategic location of the Kingdom of Jordan and its pivotal role in issues ...

 Mar 29 2017 - Kuwait- Original Passport required to do money transfer if you are on Visa 14 (Temporary residence)Arab Times
(MENAFN - Arab Times) Dear Sir, This is to acquire information on the residence status in Kuwait in the following circumstances. Due to some reasons the immigration department issues 3 or more ...

 Mar 29 2017 - Kuwait- Procedure to transfer from Article 22 (Dependent Visa ) to Article 18 (Work Visa)Arab Times
(MENAFN - Arab Times) What is the procedure to transfer from Article 22 visa to Article 18? When my wife came to Kuwait, she had work visa (18). After 4 years we changed this to dependent ...

 Mar 29 2017 - All eyes on IPIC Arena in Abu Dhabi for Jiu-Jitsu ChampionshipArab Times
(MENAFN - Arab Times) The world champions of the Abu Dhabi World Jiu-Jitsu Championship 2016 All eyes will be on the IPIC Arena in Abu Dhabi this April when record numbers of international ...

 Mar 29 2017 - Kuwait- Scorpions clinch 2016 KDD-KBL Championship crownArab Times
(MENAFN - Arab Times) The Scorpions — Winner KDD-KBL 2016 KUWAIT CITY, March 27: The Scorpions won the 2016 KDD - Kuwait Badminton League Championship winning both the September 2016/ February ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help