February 2012


Main reports: The Cabinet and the Coordination Council of the Private Sector have reached an understanding on income and corporation tax reform.

President of the World Bank, Robert Zoellick, met Prime Minister Dr Salam Fayyad to discuss the World Bank’s ongoing support to the Palestinian economy.

The Palestine Investment Fund (PIF) and the Palestinian Development Fund (PDF) have signed an agreement to manage a $2m lending facility for SMEs in the Jerusalem governorate.

The Multilateral Investment Guarantee Agency (MIGA) has provided investment guarantees to the National Beverage Company (NBC) for the expansion of the operations of its Gaza distribution centre.