A sustainable fiscal position and strong public financial management systems are key elements for building the institutions of a future Palestinian state. The World Bank Board of Executive Directors approved today a
The Development Policy Grant (DPG) which aims at improving the PA's fiscal position, building robust public financial management systems and improving access to finances for Palestinian enterprises will contribute to building the institutions of a future Palestinian state. With the current stalemate in the peace process and the decline of economic growth and donor aid, the grant will help ease some of the PA's fiscal stress.
"Policy-linked budget support offers effective means of supporting reform programs," said
This Grant, the sixth in a series, totaling
TNS 18EstebanLiz-140521-30FurigayJane-4740927 30FurigayJane
Most Popular Stories
- Boehner Says Impeachment Talk Is Democrat Scam
- You're So Vain: Microsoft to Launch First 'Selfie Phone'
- U.S. Home Price Gains Slow for 6th Month in a Row
- Merck Profit More Than Doubles in Q2
- Sutherland Responds to 'Unprofessional' Jibe
- Is California Going to Land Tesla's Battery Plant?
- U.S. Consumer Confidence at Strongest Since 2007
- Twitter's Stock Rises on Stellar Revenues
- Business Leaders Set for CHCC Convention
- Beyonce Seen Apartment Shopping in NYC Without Jay Z