Middle East Economic Survey

VOL. LIV

No 18

2-May-2011

Palestine

World Bank Grants $75Mn To Gaza And West Bank Trust Fund

The World Bank Board of Directors agreed on 26 April to authorize the transfer of $75mn from the International Bank for Reconstruction and Development (IBRD) surplus to replenish the Trust Fund for Gaza and West Bank (TFGWB) an institution into which the World Bank has, to date, invested approximately $675mn. Since 1993, support for Gaza and the West Bank has been...