November 2012


Main reports: The World Bank’s annual ‘Doing Business’ report uses a series of indicators to quantify the ease and difficulty for a local entrepreneur to open and run a small to medium-sized business. This year the West Bank and Gaza was ranked in 135th position out of 185 economies.

The Bank of Palestine recently signed an agreement with the Jordan Investment and Finance Bank (InvestBank) to enhance and facilitate cooperation between the two.

East Jerusalem hospitals are facing a financial crisis due to accumulating unpaid PA medical bills, totalling around $18m.

Recent contributions to the Palestinian Authority include donations by the UAE, EU and Kuwait.