The World Bank presented a report on the Palestinian economy today to the Ad Hoc Liaison Committee in Brussels. The biannual committee coordinates aid to the Palestinian Authority (PA). The following is a breakdown of some highlights of the report:
COVID-19: The Palestinian economy grew 7.1% in 2021, which The World Bank attributed to coronavirus-related restrictions being “significantly eased.” The pandemic response pushed more than 110,000 Palestinian into poverty, according to the report.
