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(Ynet News) Ron Ben-Yishai - 12 new hotels have been built in Bethlehem in the past two years, and more are in the works. However, the real economic boom in the Palestinian Authority in recent years is taking place in northern Samaria, fueled by Arab Israelis who head there en masse to buy food, furniture and household items for up to half price compared to Israel. A large portion of the goods makes its way to Arab shops and malls in northern Israel (after paying duty at the Gilboa Crossing) and is sold for discounted prices. However, the PA is only able to fund about one-third of its annual budget through taxes. The rest comes from donor nations. 2011-08-04 00:00:00Full Article
The PA's Economic Revival
(Ynet News) Ron Ben-Yishai - 12 new hotels have been built in Bethlehem in the past two years, and more are in the works. However, the real economic boom in the Palestinian Authority in recent years is taking place in northern Samaria, fueled by Arab Israelis who head there en masse to buy food, furniture and household items for up to half price compared to Israel. A large portion of the goods makes its way to Arab shops and malls in northern Israel (after paying duty at the Gilboa Crossing) and is sold for discounted prices. However, the PA is only able to fund about one-third of its annual budget through taxes. The rest comes from donor nations. 2011-08-04 00:00:00Full Article
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