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PALESTINE

Wed 15 Mar 2023 10:02 pm - Jerusalem Time

The World Bank works with the Palestinian government to achieve long-term development goals

Ramallah - "Alq - We are working within a strategic partnership with the Palestinian government and people to achieve economic growth and long-term development goals," said Kanthan Shankar, Director of the World Bank in the West Bank, Gaza Strip and North Africa. Shankar added in an interview with the "Today's File" program on TV: "We have many Among the programs that contribute to achieving economic growth and building state institutions, in addition to projects that address direct needs, especially developmental ones, and that support the steadfastness of the Palestinian people. It focuses on achieving economic diversification, strengthening resilience, achieving long-term development goals in the Palestinian territories, addressing the conditions of the poor, vulnerable and marginalized groups, especially at this stage of rising prices, achieving social protection for them and enabling them to obtain job opportunities and employ youth. To move from emergency programs to strategic plans, to promote development and development in Palestine, and to empower the private sector. Palestinian Radhi, pointing out that the investments implemented by the Bank in several areas such as energy and electricity, in addition to investment in the health sector in the West Bank and Gaza Strip, show the extent of the important achievements made by the Bank in the region, whose role is not limited to providing services to the Palestinian people only, but also work Partnership with the Palestinian government on the reform agenda and providing a suitable environment for the public and private sectors. Shankar pointed to the issuance of a report from the World Bank several years ago confirming the opportunities that can be invested in developing the economy in Area C and benefiting from it in achieving economic growth through investment in these areas Pointing to projects that will be implemented in Area C based on mutual understandings and agreements, for example the projects implemented by the World Bank in Area C.

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The World Bank works with the Palestinian government to achieve long-term development goals