VOL. XLV

No 34

26-August-2002

PALESTINE

Palestinian AuthorityMoves Ahead With Financial Reforms

The new PalestinianFinance Minister Salam Fayyad announced on 15 Augustthat President Yasir 'Arafat has approved theestablishment of the Palestinian Investment Fund as a holding company that willmerge all Palestinian Authority (PA) funds and assets under the authority ofthe finance minister. The move is to enhance the credibility of the PA in thefinancial domain, both internally and externally. The...