Quarterly Updates for (16 Aug 2018 — 31 Dec 2018)

                The World Bank’s “Economic Monitoring Report to the Ad Hoc Liaison Committee” released on 27 September detailed the economic decline in Palestine, specifically in Gaza whose economy the World Bank deemed is in “free fall.” The report referenced the decade-long blockade of Gaza, restrictions on economic growth in the West Bank, and Palestinian Authority cuts in expenditures for Gaza along with the many cuts in outside aid to Palestine. To amend the dire situation in Gaza outlined in the report that tallied a 6 percent decline in economic growth in Gaza and an unemployment rate of over 50 percent, the World Bank suggested ensuring a steady flow of energy, water, education and health, focus on the digital economy, and for Israel to ease its restrictions on import and export.