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Palestinian donor talks in Paris
Will financial support be enough to stop the economic crisis in the Gaza Strip?
Last Modified:
18 Dec 2007 07:22 GMT
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Ninety international donors have begun a one-day meeting in Paris to pledge funds to help lift the Palestinian economy and underpin the Middle East peace talks.
But is mobilising financial and political support for the Palestinian Authority enough to stop the worsening economic crisis in the West Bank and Gaza Strip?
The economic well-being of the Palestinians is widely seen as an essential pre-condition for the building of a viable and successful Palestinian state.
We explore the Paris conference and its chances of success, especially as the situation in the Gaza Strip continues to deteriorate.
The development plan presented by Salam Fayyad, the Palestinian prime minister, has won the support of the World Bank, but it relies on the gradual shift to development projects under a scenario that has Israel easing restrictions and enabling the private sector to recover. Can the Paris conference kickstart this process?
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