February 2020

HEAdlines

Main reports: Palestine’s current account deficit decreased by 26.7% in Q3 2019 compared to the previous quarter following a 20.4% increase in the compensation of workers in Israel and 43.1% increase in donor support to the general government.

Prime Minister Mohammad Shtayyeh announced on 29 December 2019 a resolution to the Jerusalem District Electricity Company debt crisis.

The Government of Israel announced on 29 December 2019 its withholding of an additional ILS 149m per year from the clearance revenues it collects on behalf of the PNA.

The United States Congress passed a bill on 17 December allocating $150m from the 2020 US government budget to the West Bank, Gaza, and East Jerusalem.