Main reports: In Q2 2014 Palestinian quarterly GDP was 3.9% higher than in Q2 2013. In the West Bank it increased by 8% year-on-year, while in Gaza it was 7.2% lower.
UNCTAD issued a report estimating the amount of fiscal revenue leakages suffered by Palestine as a result of the clearance system emerging from the Paris Protocol.
In Q2 2014 the current account deficit reached 16.6% of quarterly GDP at current prices, the highest quarterly level since Q4 2012.
In Q2 2014 Palestine’s International Investment Position (defined as external assets minus foreign liabilities) stood at $980m, marking a 27% decline from Q1 2014.
The Palestine Exchange signed a custody agreement with Cairo Amman Bank.