Main reports: On 13 September, the PNA and the GoI signed an agreement to resolve the payment of the accumulated debt of the PNA to the Israel Electric Corporation (IEC) and to restructure the relation between the GoI and the PNA with respect to electricity provision and consumption.
On 31 August, under the auspices of Prime Minister Dr. Rami Hamdallah, the Palestine Economic Policy Research Institute (MAS) held its Economic Conference 2016 under the theme “Towards a New Vision for the Revival of the Palestinian Economy”.
The Government has maintained a stable level of current expenditure by decreasing its expenditure on employees’ compensation, according to the recently published Financial Statement for General Government.
PEX announced that the aggregated net profits of listed companies increased by 17.2% in the first half of 2016, reaching $163m compared to $139m during the same period in 2015.