Palestine Monetary Authority finds greater parity between West Bank and Gaza territories

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The divergence in economic performance between the West Bank and Gaza is narrowing, according to a new indicator developed by the Palestine Monetary Authority (PMA).

The central bank's research and monetary policy department has developed the PMA Business Cycle Indicator to monitor fluctuations in economic activity and "their repercussions on the Palestinian economy" by sourcing real-time information on production and employment, to avoid the delay inherent in generating accurate GDP data.

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