West Bank and Gaza: Report to the Ad Hoc Liaison Committee
IMF Staff Country Reports, April 25, 2023
Source details
- Canonical URL
- West Bank and Gaza: Report to the Ad Hoc Liaison Committee
Other formats
Bibliographic details
- Published: April 25, 2023
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400241116.002
Overview and scope
- Publication date: April 25, 2023
- Publication type: IMF Staff Country Reports; Country Report No. 2023/146; Issue: 146; Volume: 2023; Pages: 39
- DOI: https://doi.org/10.5089/9798400241116.002
- Stock No: 1WBGEA2023001
- ISBN: 9798400241116
- ISSN: 1934-7685
- Subject tags: Arrears, Expenditure, External debt, Financial institutions, International organization, Labor, Labor markets, Public debt, Revenue administration, Wages
- Keywords: Arrears, clearance revenue, Global, IMF report, Labor markets, myriad economic policy challenge, research assistance, wage bill, Wages
Key findings
- The report situates fiscal and structural reforms in a broader context relevant to West Bank and Gaza.
- It analyzes key elements of the Paris Protocol on Economic Relations and assesses their implications for Palestinian growth and income convergence with Israel.
- The report identifies necessary and sufficient conditions for the customs and de facto currency union to function as intended, specifying roles for:
- the Palestinian Authority,
- Israel,
- the international community.
- Labor market issues, outcomes, and policies are examined with a view to faster economic growth and job creation.
Policy recommendations
- Work with the Government of Israel (GoI) to:
- facilitate the movement and access of goods and people,
- facilitate investment in Area C.
- Address the fiscal crisis by formulating detailed fiscal reform policies to:
- reduce the public sector wage bill,
- reduce net lending,
- reduce health spending.
- Resolve outstanding fiscal files in coordination with the GoI.
Report purpose and audience
- Purpose: Report to the ad hoc liaison committee on economic and fiscal conditions and reforms for West Bank and Gaza.
- Audience: Policymakers, the Palestinian Authority, the Government of Israel, the international community, and stakeholders involved in economic and fiscal reforms.
Access and formats
- The report is available on the IMF eLibrary in multiple formats and can be ordered as a print copy.
International Monetary Fund. Middle East and Central Asia Dept. "West Bank and Gaza: Report to the Ad Hoc Liaison Committee", IMF Staff Country Reports 2023, 146 (2023).
Content in this bundle
- West Bank and Gaza: Report to the AD HOC Liaison Committee; April 14, 2023