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The Dome of the Rock

The Dome of the Rock.

Resident Representative Office in West Bank and Gaza

This web page provides information on the activities of our office, views of IMF staff, and the relations between West Bank and Gaza and the IMF. Our latest report is available here.

News — Highlights

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West Bank and Gaza: Report to the Ad-hoc Liaison Committee

September 12, 2014 click for more

West Bank and Gaza: Report on Macroeconomic Developments and Outlook

June 30, 2014 click for more

Between a Rock and a Hard Place – Recent Economic Developments in the Palestinian Economy (February 19, 2014)

The economy in the West Bank and Gaza was weaker than expected in 2013 and the outlook depends heavily on the outcome of the peace talks. In this presentation for the Palestine Economic Policy Research Institute (MAS), Udo Kock, Resident Representative for the International Monetary Fund, discusses recent economic developments and the policy challenges that lie ahead. click for more

West Bank and Gaza: Staff Report

Prepared for the September 2013 Meeting of the Ad Hoc Liaison Committee; September 11, 2013 click for more

West Bank and Gaza: Selected Issues

September 11, 2013 click for more

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West Bank and Gaza and the IMF

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West Bank and Gaza: Report on Macroeconomic Developments and Outlook

June 30, 2014 click for more

Statement at the Conclusion of an IMF Mission to the West Bank and Gaza

An International Monetary Fund team led by Mr. Christoph Duenwald, the Mission Chief for the West Bank and Gaza, visited East Jerusalem & Ramallah during January 28-February 6, 2014, to assess recent economic developments in the West Bank and Gaza and the financial situation of the Palestinian Authority. click for more

Statement at the Conclusion of an IMF Mission to the West Bank and Gaza

A team from the International Monetary Fund (IMF) led by Christoph Duenwald visited East Jerusalem and Ramallah during June 24-July 2, 2013, to assess recent economic developments in the West Bank and Gaza, and the financial situation of the Palestinian Authority. click for more

Recent Experience and Prospects of the Economy of the West Bank and Gaza (Brussels, March 19, 2013)

Staff Report Prepared for the Meeting of the Ad Hoc Liaison Committee. click for more

Recent Experience and Prospects of the Economy of the West Bank and Gaza (New York, September 23, 2012)

Staff Report Prepared for the Meeting of the Ad Hoc Liaison Committee click for more

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Regional Economic Outlook Update: Middle East & Central Asia

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Economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) continue to reflect the diversity of conditions prevailing across the region. Most high-income oil exporters, primarily in the GCC, continue to record steady growth and solid economic and financial fundamentals, albeit with medium-term challenges that need to be addressed. In contrast, other countries—Iraq, Libya, Syria—are mired in conflicts with not just humanitarian but also economic consequences. And yet other countries, mostly oil importers, are making continued but uneven progress in advancing their economic agenda, often in tandem with political transitions and amidst difficult social conditions. In most of these countries, without extensive economic and structural reforms, economic prospects for the medium term remain insufficient to reduce high unemployment and improve living standards.

Economic activity in the Caucasus and Central Asia (CCA) region is weakening, mainly because of the near-term slowdown and rising regional tensions affecting Russia, a key trading partner and sources of remittance and investment inflows, as well as weaker domestic demand in a number of CCA countries. Near-term risks are to the downside and tied to the fortunes of large trading partners. Policies need to focus on bolstering economic stability and, where needed, short-term support to ailing economic growth. In addition, a new model for high, sustained, diversified, and inclusive growth is needed to set the direction for economic policies for the next decade. Click for more