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Palestinians in the West are deprived of 40% of the land in order to fill the needs of the settlements(Reuters - Archive)
Minister of Planning and Administrative Development Palestinian Ali Jarbawi yesterday that Israeli restrictions on Palestinian economy had inflicted the last seven billion dollars at least in the year 2010, an amount approaching the size of the annual GDP of Palestine.
He said at a seminar organized by the Jarbawi United Nations in Cairo on the economic cost of the Israeli occupation, that about $ 4.5 billion is losses resulting from the heavy restrictions imposed on the Palestinians access to their natural resources, whether water or land, minerals, or natural gas.
The Palestinian official told a gathering of representatives of diplomatic missions and United Nations agencies to the security needs do not justify such restrictions, saying it was "pure theft, as many of the listed resources exploited by Israel and its citizens and even members of its government."
Because of the economic siege economy grew black - adds Jarbawi - deprives the Palestinian treasury of more than a third of its revenues from customs duties.
Loss developmentAccording to Palestinian minister were it not for losses due to the occupation to provide a financial surplus of hundreds of millions of dollars can be invested in economic and social development rather than the need for more than a billion dollars in annual aid.
On the other hand, the head of the Committee on the Exercise of the Inalienable Rights of the Palestinian inalienable Abdul Salam Diallo during the seminar that the Palestinians are forbidden to take advantage of more than 40% of the West Bank, where transformed to serve the needs of half a million settlers.
Diallo pointed out that the occupation is happening economically harmful and widespread waste includes products and plundering of resources and environmental degradation, but not for this damage to the economy of Palestine was twice its current size and eliminated the need for aid.
The spokesman said that both himself of the United Nations and the World Bank and International Monetary Fund and the United Nations Conference on Trade and Development agree that Israeli restrictions are the main obstacle to the sustainability of the Palestinian economy.
Source: Reuters
Palestinians in the West are deprived of 40% of the land in order to fill the needs of the settlements(Reuters - Archive)
Minister of Planning and Administrative Development Palestinian Ali Jarbawi yesterday that Israeli restrictions on Palestinian economy had inflicted the last seven billion dollars at least in the year 2010, an amount approaching the size of the annual GDP of Palestine.
He said at a seminar organized by the Jarbawi United Nations in Cairo on the economic cost of the Israeli occupation, that about $ 4.5 billion is losses resulting from the heavy restrictions imposed on the Palestinians access to their natural resources, whether water or land, minerals, or natural gas.
The Palestinian official told a gathering of representatives of diplomatic missions and United Nations agencies to the security needs do not justify such restrictions, saying it was "pure theft, as many of the listed resources exploited by Israel and its citizens and even members of its government."
Because of the economic siege economy grew black - adds Jarbawi - deprives the Palestinian treasury of more than a third of its revenues from customs duties.
Loss developmentAccording to Palestinian minister were it not for losses due to the occupation to provide a financial surplus of hundreds of millions of dollars can be invested in economic and social development rather than the need for more than a billion dollars in annual aid.
On the other hand, the head of the Committee on the Exercise of the Inalienable Rights of the Palestinian inalienable Abdul Salam Diallo during the seminar that the Palestinians are forbidden to take advantage of more than 40% of the West Bank, where transformed to serve the needs of half a million settlers.
Diallo pointed out that the occupation is happening economically harmful and widespread waste includes products and plundering of resources and environmental degradation, but not for this damage to the economy of Palestine was twice its current size and eliminated the need for aid.
The spokesman said that both himself of the United Nations and the World Bank and International Monetary Fund and the United Nations Conference on Trade and Development agree that Israeli restrictions are the main obstacle to the sustainability of the Palestinian economy.
Source: Reuters
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