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October 2012

HEAdlines

Main reports: The Palestinian Information Technology Association of Companies hosted the 9th annual EXPOTECH Technology Week.

New figures show that the international investment position of the Palestinian Territory in 2011declined from $2,084m in 2010 to $721m.

In Q2 the current account deficit remained high at 29.5% of GDP, largely caused by the trade deficit of -$1237.5m.

The Palestine Monetary Authority (PMA) has announced that the PA plans to convert $200m of its debt into bonds and other tradable securities by 2013.