Palestine Monetary Authority forecasts slowdown amid ‘political impasse’

Palestine Monetary Authority
The PMA's new headquarters are due to open in early 2017. Photo: PMA
Photo: PMA

The Palestine Monetary Authority (PMA) forecasts a growth slowdown in 2017 as the difficult political environment continues to impact the economies of the Gaza Strip and West Bank.

A report released on December 21 shows the central scenario is for a "slackening trend" of economic growth, with real GDP expected to grow 3.1% this year. The "sluggishness" is related to a host of factors, the PMA said, including a "political impasse", continuing settlement activities, restrictions on the West Bank

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