Palestinian economy

Palestinian economy suffers worst-ever collapse after Israel-Hamas conflict, UN says

The two-year Gaza war triggered an unprecedented collapse in the Palestinian economy, returning GDP per capita to 2003 levels and ranking the crisis among the ten worst globally, UNCTAD said.

Palestinians shop at a market in Khan Yunis, in the southern Gaza Strip, on November 21, 2025.
 US PRESIDENT Joe Biden and Secretary of State Antony Blinken attend a video meeting with G7 leaders to discuss the Iranian attack on Israel, at the White House on Sunday.

G7 finance leaders to call on Israel to maintain Palestinian bank links

 Palestinian workers in Israel

Palestinian unemployment rate seen spiking to over 50% amid Gaza war, ILO says

International Monetary Fund logo is seen outside the headquarters building during the IMF/World Bank spring meeting in Washington, US, April 20, 2018.

Prospects for Palestinian economy remain ‘bleak’ - IMF


Outlook for Palestinian economy ‘bleak,’ World Bank says

The report attributed the slowing Palestinian economy in part to restrictions on mobility, imports, and trade imposed by Israel.

A MARKET in Ramallah. In any model for the future of relations between Israel and the Palestinians it will be essential to place a lot of energy into the development of the Palestinian economy.

Funding crisis endangers Palestinian statehood, UN warns donor parley

In the absence of a peace process, the AHLC has become one of the few forums in which Israeli and Palestinian officials cooperatively meet.

 Palestinians walk past a bank in the West Bank city of Ramallah March 25, 2015.

Israel to boost Palestinian economy ahead of Ramadan

The move comes amid concerns of a sharp escalation in violence when Ramadan begins on March 22 and tensions between Israel and the Biden administration.

 Palestinian Authority public servants wait to receive their salaries via an automated teller machine (ATM) outside a bank, in Tubas in the West Bank December 3, 2020.

Israeli, Palestinian business leaders pledge to bolster Palestinian economy

The leaders issued a joint communique, confirming their intention to widen employment opportunities for Palestinians.

A sign is pictured at the Congress Center ahead of the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 20, 2020.

Are Palestinian Authority ministers receiving full salaries despite financial crisis?

Multiple sources have stated that ministers have been receiving full salaries in addition to other financial benefits at a time when the PA government says that it is suffering financially.

 Palestinian Authority public servants wait to receive their salaries via an automated teller machine (ATM) outside a bank, in Tubas in the West Bank December 3, 2020.

New IDF limits on foreigners visiting West Bank Palestinians delayed

The restrictions, first published in February, had been scheduled to go into effect on May 20 but will now only be implemented in July.

 A security camera seen overlooking the West Bank city of Hebron. January 15, 2013

‘Palestinians ready to work with Bennett on economic cooperation’

"If he wants to work with us on economic issues, we say ahlan wa sahlan (welcome)."

Yamina leader Naftali Bennett announces that he will form a unity government with Yesh Atid leader Yair Lapid., May 30, 2021.

Mladenov: PA at risk of economic collapse unless ties with Israel renewed

UN Special Coordinator for the Middle East Peace Process Nickolay Mladenov urged Israel to lift some of its restrictions on the movement of goods and people between the West Bank and the Gaza Strip.

  Nickolay Mladenov: We are very much at the early stages of this [reconciliation] process, and there are too many things that can go wrong, and most of them probably will

Alternative ‘Souk’ in Ramallah Seeks to Aid Local Growers

Peasants’ struggle to preserve traditional methods while facing barriers to production and sales.

Naser Rabah and his wares. ‘Farmers are not getting any support.’ September 2020

Amid coronavirus, Palestinian grape farmers see market collapse

The pandemic's economic ravages have also slashed sales of the fruit, depressing the hilly breadbasket region of Hebron.

Palestinian women prepare sheets of "malban", or fruit leather made from dried grapes, amid the coronavirus disease (COVID-19) outbreak, near Hebron in the Israeli-occupied West Bank September 8, 2020.

Peace and political change can be fostered via economic investment

Since we cannot rely on our governments to improve the political situation, it remains in the hands of private citizens, non-government organizations and the private sector.

A MARKET in Ramallah. In any model for the future of relations between Israel and the Palestinians it will be essential to place a lot of energy into the development of the Palestinian economy.