Palestine Monetary Authority - Annual Report 2007
Last year Palestinian economic conditions improved somewhat last, the latest Annual Report from the Palestine Monetary Authority states.
The report highlights the formation of an emergency government and the adoption of an emergency stabilisation plan allowing for the continuation of custom clearances and international aid, which accounts for 25% of GDP. However, the report also notes that the situation in Gaza deteriorated due to the continued blockade. This negative effect weighed against the
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