Donate Us

Help us keep this free site alive with a small contribution from you. Select an amount below.

Sunday, May 7, 2017

The World Bank continues to issue reports about how bad the Palestinian economy is:

JERUSALEM, April 27, 2017 – Foreign aid and investment alone will have limited impact on the Palestinian economy without significant changes on the ground, according to a new World Bank report. A paradigm shift is needed among all parties to break the vicious cycle of near-stagnant economic growth and ongoing political uncertainty – and this could allow foreign aid to have a much more catalytic impact.

The new World Bank report will be presented to the Ad Hoc Liaison committee (AHLC) on May 4, 2017 in Brussels, a policy-level meeting for development assistance to the Palestinian people. The report points out that actions to address past recommendations for policy changes have been inadequate. In addition, the report issues a call to address immediate risks created by economic stagnation that could endanger the social equilibrium by creating the conditions for sustainable growth.

“The Palestinian economy is failing to generate jobs and incomes,” said Marina Wes, World Bank Country Director for West Bank and Gaza,”one third of Palestinians are out of work and more than half of the youth in Gaza are jobless. Gaza is on the verge of a human catastrophe. Such a critical situation is not in anyone’s interest. Concerted efforts by all sides are needed to bring a real change on the ground, boost economic growth and provide hope and prospects for Palestinians, especially youth.”                  

In the face of dwindling donor aid, the report outlines a number of policy recommendations for improving economic conditions and laying the foundations for sustainable growth. With an US$800 million financing gap, the Palestinian Authority (PA) has to address government spending in payroll and pension payments, and improve its revenue collection through the domestic tax system. Actions are also needed to improve the investment climate and competitiveness, and help new companies enter the market.
The World Bank issues detailed reports on the economies in the territories, and it notes how the PA pays to much in salaries.

But it never mentions how much the PA (or their parent PLO) pays to terrorists and their families.

As of last year, $128,518,896 was paid to terrorists in prison and ex-prisoners, and $174,630,296 to the families of "martyrs."  This doesn't include the parts of the PA budget that indirectly support terrorists like their Commission of Detainees and ex-Detainees Affairs.

Don't be fooled by the claim that these expenses are now paid by the PLO, not the PA. The PA gives the PLO $230 million a year.

For an economy that is in such bad shape, these are huge sums of money.

Yet these payments to terrorists are sacred to the Palestinian leadership.
A senior Palestinian Authority official has rejected the “insane” demand that it end its policy of providing social welfare payments to the families of Palestinian terrorists jailed for carrying out attacks against Israelis.

PA President Mahmoud Abbas’s foreign affairs adviser Nabil Shaath on Thursday told Israel Radio the demand was intentionally designed to sink any potential for renewed US-led Israeli-Palestinian peace talks.

It’s absurd to request that we stop paying the families of prisoners,” he said. “That would be like asking Israel to stop paying its soldiers.”
There you have it: terrorists to murder children are the Palestinian equivalent of soldiers.

This is the elephant in the room. And the only reason the World Bank doesn't mention these huge expenses in their reports is because it is too politically explosive to say that paying terrorists is a Bad Thing.

Which brings up the more fundamental question of why does a society that prioritizes paying terrorists over its own economy, over building hospitals and universities and real state institutions, deserve to become a state?

We have lots of ideas, but we need more resources to be even more effective. Please donate today to help get the message out and to help defend Israel.


Post a Comment

EoZTV Podcast

Powered by Blogger.

follow me

search eoz

Recent posts from other blogs

subscribe via email





source materials

reference sites


source materials for Jewish learning

great places to give money

media watch



Source materials

Sample Text

EoZ's Most Popular Posts Ever

follow me



Random Posts

Pages - Menu

Elder of Ziyon - حـكـيـم صـهـيـون




Monthly subscription:
Subscription options

One time donation:

Interesting Blogs

Best posts of 2016

Blog Archive


Algemeiner: "Fiercely intelligent and erudite"

Omri: "Elder is one of the best established and most respected members of the jblogosphere..."
Atheist Jew:"Elder of Ziyon probably had the greatest impression on me..."
Soccer Dad: "He undertakes the important task of making sure that his readers learn from history."
AbbaGav: "A truly exceptional blog..."
Judeopundit: "[A] venerable blog-pioneer and beloved patriarchal figure...his blog is indispensable."
Oleh Musings: "The most comprehensive Zionist blog I have seen."
Carl in Jerusalem: "...probably the most under-recognized blog in the JBlogsphere as far as I am concerned."
Aussie Dave: "King of the auto-translation."
The Israel Situation:The Elder manages to write so many great, investigative posts that I am often looking to him for important news on the PalArab (his term for Palestinian Arab) side of things."
Tikun Olam: "Either you are carelessly ignorant or a willful liar and distorter of the truth. Either way, it makes you one mean SOB."
Mondoweiss commenter: "For virulent pro-Zionism (and plain straightforward lies of course) there is nothing much to beat it."
Didi Remez: "Leading wingnut"