November 2010

HEAdlines

Main report: The results of the first Palestinian foreign investment survey were released on 13 October. Figures show that foreign investment in the Palestinian Territory reached $1.58bn in 2009. FDI totalled $1.15bn.

The Bank of Palestine and Green Palestine Company will launch a new loan facility for environmentally friendly projects at the end of November. Small loans of up to $10,000 will be available for Palestinian households that wish to undertake sustainable projects.

The International Finance Corporation (IFC) has signed an agreement to evaluate the impact of the Palestinian Monetary Authority’s Credit Bureau. The Bureau has had notable success in increasing credit and bank profit and reducing bad debts. The IFC will specifically look at the impact it has had on job creation.

Food prices increased by over 3% in September. This caused the highest monthly rise (1.39%) in inflation for over two years.