New World Bank Assistrance Strategy Palestinian territories approved

On Thursday, October 30, the World Bank Group endorsed a new assistance strategy for the Palestinian territories. The new strategy focuses on supporting state building through service delivery and job creation.

“The Strategy will balance short-term stabilization and Gaza reconstruction activities with operations and analysis that promote sustainable growth,” said Inger Andersen, World Bank Regional Vice President for the Middle East and North Africa, who just returned from the Palestinian territories. “We are keen on developing longer-term opportunities to unleash the Palestinian entrepreneurial spirit, engine for growth with social justice,” continued Andersen.

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