Group to boost Palestinian economy, cut link to Israel
The Palestinian prime minister is heading a new group designed to inject vitality into the economy and strengthen partnerships among the public, private and civil sectors.
RAMALLAH, West Bank — The Palestinian government appears to have a clear vision to promote its economy, though it remains to be seen whether the plan — which involves disengaging from Israel and achieving sustainable development — is viable.
The Palestinian National Group for Economic Development held its first meeting May 14 in Ramallah, chaired by Prime Minister Mohammad Shtayyeh.
“The economic group undertakes to promote the country in the spirit of partnership, in accordance with the directives of President Mahmoud Abbas, to strengthen the productive sectors as much as possible and focus on industry and agriculture, to give [locally made products] the attention they deserve,” Shtayyeh said, launching the meeting.
The group consists of experts and officials in various economic fields from the public and private sectors.
