News dalla rete ITA

7 Marzo 2019

Cisgiordania/Striscia di Gaza

WORLD BANK TO SUPPORT PALESTINIAN NATIONAL AUTHORITY REFORMS

On February 7, 2019, the World Bank Group (WBG) approved a $30m development policy grant to support the PNA reform program in strengthening fiscal resilience and creating an environment conducive for private investment and job creation. This grant came as part of the Bank’s continued support for the implementation of the Palestinian National Policy Agenda 2017-2022.  Mr. Damir Cosic, World Bank Senior Economist, commented: “While the new grant will continue to support progress to improve the Palestinian Authority’s service delivery in energy, water and health, it is also essential to modernize and improve the legal and regulatory business environment to attract investors and entrepreneurs and to build on a new reform momentum in land administration and cashless mobile payments.” According to the World Bank, the focus on greater transparency in land administration will increase tax collection and provide more available collateral for bank debt financing as only titled land can be used as collateral. (ICE AMMAN)


Fonte notizia: portland trust