VOL. XXXVII

NO. 7

15-NOVEMBER-1993

Financial and Banking News

Economic Policy

Palestinians Announce Economic Council To Coordinate Development

PLO Chairman Yasir 'Arafat has announced the formation of an economic councilfor development and reconstruction to coordinate foreign aid to the West Bankand Gaza. Mr. Arafat will chair the council with two deputies, Mr. Faruq Qaddumi,the chairman of the PLO's political department, and Mr. Muhammad Zuhdi al-Nashashibi,the head of the economic department....