April 2013


Main reports: The Palestinian President Mahmoud Abbas approved the Palestinian Authority budget for 2013, which reached $3.81bn.

During March the Palestinian Political Risk Insurance was launched and the Jerusalem Arbitration Centre was inaugurated.

In Q4 2012 the current account deficit decreased by 2.2% compared with the previous quarter, reaching $658.1m.

In 2012 a total of 279 olive presses processed nearly 105,000 tonnes of olives, an increase of 12% with respect to 2011.

Following the success of Start-up weekend Nablus earlier in January, Start-up Weekend Ramallah took place on 4-6 April.