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June 4, 2009       Share:    

Source: http://www.washingtonpost.com/wp-dyn/content/article/2009/06/04/AR2009060400084.html

World Bank: Massive Aid Won't Spark Palestinian Growth

[AP/Washington Post] Karin Laub - Massive aid to the Palestinians can at best slow economic decline, but won't revive the private sector or spur long-term development, the World Bank said Thursday, challenging assumptions that have long guided donor countries. Palestinians are becoming more, not less, dependent on foreign aid, the report said.

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