This web page provides information on the activities of our office, views of IMF staff, and the relations between West Bank and Gaza and the IMF. Our latest report is available here.
West Bank and Gaza: At a Glance
The IMF established an office of the IMF Resident Representative for West Bank and Gaza in July 1995, to help fulfill the IMF’s mandate to assist the Palestinian Authority as specified under the Oslo Accords. West Bank and Gaza is not a member country of the IMF, and the IMF can therefore not lend to West Bank and Gaza. The IMF does provide technical services to West Bank and Gaza, including: (i) policy advice in the macroeconomic, fiscal, and financial areas; as well as (ii) technical assistance, with a focus on tax administration, public financial management, banking supervision and regulation, and statistics. As a member of the Ad Hoc Liaison Committee (AHLC, established in 1993 following the signing of the first Oslo Accord to coordinate the delivery of international development assistance to the Palestinian Authority), the IMF—alongside UNSCO, the World Bank and the Quartet—also publishes regular reports as an input to the usually biannual AHLC meetings.
Office Activities
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IMF Statement on Israel and Gaza
October 12, 2023
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West Bank and Gaza Report to the Ad Hoc Liaison Committee
September 13, 2023
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West Bank and Gaza Select Issues
September 13, 2023
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IMF Staff Concludes Visit to West Bank and Gaza
Amid a deteriorating security, political, and social environment, the growth momentum is abating while inflation is projected to ease. Persistently high unemployment and poverty add to macroeconomic fragilities.
August 22, 2023
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West Bank and Gaza: Report to the Ad Hoc Liaison Committee
April 25, 2023
Regional Economic Outlook
October 31, 2024
Navigating the Evolving Geoeconomic Landscape
The global economic landscape faces significant challenges, including from geoeconomic fragmentation. In the Middle East and North Africa and Caucasus and Central Asia regions, economies are facing shifting trade patterns while also dealing with frequent shocks from conflicts and climate change. Moreover, medium-term growth prospects have deteriorated over the past two decades and are projected to remain subdued. Decisive reforms are needed to place countries on the path to a more resilient and inclusive economic future.
Read the Report