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.


2009-06-04 06:00:00

Full Article

BACK

Visit the Daily Alert Archive