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Economy Of The Palestinian Territories
The economy of the State of Palestine refers to the economic activity of the State of Palestine. History GDP per capita in the Palestinian territories rose by 7% per year from 1968 to 1980 but slowed during the 1980s. Between 1970 and 1991 life expectancy rose from 56 to 66 years, infant mortality per 1,000 fell from 95 to 42, households with electricity rose from 30% to 85%, households with safe water rose from 15% to 90%, households with a refrigerator rose from 11% to 85%, and households with a washing machine rose from 23% in 1980 to 61% in 1991. Economic conditions in the West Bank and Gaza Strip, where economic activity was governed by the Paris Economic Protocol of April 1994 between Israel and the Palestinian Authority, deteriorated in the early 1990s. Real per capita GDP for the West Bank and Gaza Strip (WBGS) declined 36.1% between 1992 and 1996 owing to the combined effect of falling aggregate incomes and robust population growth. The downturn in economic activity ...
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Israeli New Shekel
The new Israeli shekel ( he, שֶׁקֶל חָדָשׁ '; ar, شيكل جديد ; sign: ₪; ISO code: ILS; abbreviation: NIS), also known as simply the Israeli shekel ( he, שקל ישראלי, ar, شيكل إسرائيلي), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agorot. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel is a combination of the first Hebrew letters of the words ''shekel'' () and ''ẖadash'' () (new). When the shekel sign is unavailable the abbreviation ''NIS'' ( and ) is used. History The origin of the name " shekel" () is from the ancient Biblical currency by the same name. An early Biblical reference is Abraham being reported to pay "four hundred shekels of silver" to Ephron the Hittite for the Cave of the Patri ...
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List Of Countries By Foreign-exchange Reserves
Foreign-exchange reserves, also called Forex reserves, are, in a strict sense, only foreign-currency deposits held by nationals and monetary authority, monetary authorities. However, in Populism, popular usage and in the list below, it also includes gold reserves, special drawing rights (SDRs) and International Monetary Fund (IMF) reserve position because this total figure, which is usually more accurately termed as official reserves or international reserves or official international reserves, is more readily available and also arguably more meaningful. These foreign-currency deposits are the financial assets of the central banks and monetary authorities that are held in different reserve currency, reserve currencies (e.g. the United States dollar, U.S. Dollar, the Euro, the Japanese Yen, the Renminbi, Chinese Yuan, the Russian ruble, Russian Ruble, the Indian rupee, the Swiss Franc and the Pound Sterling) and which are used to back its liabilities (e.g. the local currency issue ...
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Arab League
The Arab League ( ar, الجامعة العربية, ' ), formally the League of Arab States ( ar, جامعة الدول العربية, '), is a regional organization in the Arab world, which is located in Northern Africa, Western Africa, Eastern Africa, and Western Asia. The Arab League was formed in Cairo on 22 March 1945, initially with six members: Egypt, Iraq, Transjordan (renamed Jordan in 1949), Lebanon, Saudi Arabia, and Syria. Yemen joined as a member on 5 May 1945. Currently, the League has 22 members, but Syria's participation has been suspended since November 2011. The League's main goal is to "draw closer the relations between member states and co-ordinate collaboration between them, to safeguard their independence and sovereignty, and to consider in a general way the affairs and interests of the Arab countries". The organization has received a relatively low level of cooperation throughout its history. Through institutions, notably the Arab League Education ...
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Ismail Haniyah
Ismail Abdel Salam Ahmed Haniyeh; sometimes transliterated as Haniya, Haniyah, or Hanieh (born 29 January 1962) is a senior political leader of Hamas and formerly one of two disputed Prime Ministers of the Palestinian National Authority. Haniyeh became prime minister after Hamas won the Palestinian legislative elections of 2006. President Mahmoud Abbas dismissed Haniyeh from office on 14 June 2007 at the height of the Fatah–Hamas conflict, but Haniyeh did not acknowledge the decree and continued to exercise prime ministerial authority in the Gaza Strip. In September 2016, reports indicated Haniyeh would replace Khaled Mashal as Chief of Hamas's Political Bureau. He was elected as Hamas political chief on 6 May 2017. Early life and education Haniyeh was born in the Al-Shati refugee camp in the Egyptian-occupied Gaza Strip. His parents became refugees, after they fled their homes near what is now Ashkelon, Israel during the 1948 Arab-Israeli War. He attended United Na ...
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Prime Minister Of The PA
The prime minister of the Palestinian National Authority was the position of the official head of government of the Palestinian Authority government, which operated between 2003 and January 2013, when it was officially transformed into the State of Palestine. Some still refer to the position of the prime minister of the Gaza Strip as the prime minister of the Palestinian National Authority. The Prime Minister's Office was created in 2003 to manage day-to-day activities of the Palestinian government, which had previously been performed by Yasser Arafat. The position was created because both Israel and the United States refused to negotiate directly with Arafat. The executive structure of the government however lay under the president of the Palestinian National Authority. History The first prime minister of the Palestinian National Authority was Mahmoud Abbas. He was nominated on 19 March 2003 by President Arafat. On 29 April, the Palestinian Legislative Council approved the ...
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Palestinian Authority
The Palestinian National Authority (PA or PNA; ar, السلطة الوطنية الفلسطينية '), commonly known as the Palestinian Authority and officially the State of Palestine,
Al Jazeera. Accessed 4 July 2021.
is the Fatah-controlled government body that exercises partial civil control over West Bank areas "A" and "B" as a consequence of the 1993–1995 . ...
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Quartet On The Middle East
The Quartet on the Middle East or Middle East Quartet, sometimes called the Diplomatic Quartet or Madrid Quartet or simply the Quartet, is a foursome of nations and international and supranational entities involved in mediating the Israeli–Palestinian peace process. The Quartet comprises the United Nations, the United States, the European Union, and Russia. The group was established in Madrid in 2002, recalling Madrid Conference of 1991, as a result of the escalating conflict in the Middle East. In 2002, the Quartet established the Office of the Quartet in East Jerusalem to take "tangible steps on the ground to advance the Palestinian economy and preserve the possibility of a two state solution." Kito de Boer was the head of the Office from January 2015 to June 2017,"Welcome to the web ...
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Hamas
Hamas (, ; , ; an acronym of , "Islamic Resistance Movement") is a Palestinian Sunni-Islamic fundamentalist, militant, and nationalist organization. It has a social service wing, Dawah, and a military wing, the Izz ad-Din al-Qassam Brigades. It won the 2006 Palestinian legislative election and became the ''de facto'' governing authority of the Gaza Strip following the 2007 Battle of Gaza. It also holds a majority in the parliament of the Palestinian National Authority. Canada, the European Union, Israel, Japan, Australia, the United Kingdom and the United States have designated Hamas as a terrorist organization. New Zealand and Paraguay have designated only its military wing as a terrorist organization. It is not considered a terrorist organization by Brazil, China, Egypt, Iran, Norway, Qatar, Russia, Syria and Turkey. In December 2018, the United Nations General Assembly rejected a U.S. resolution condemning Hamas as a terrorist organization. Hamas leaders Ismail ...
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2006 Palestinian Legislative Election
Legislative elections were held in the Palestinian territories on 25 January 2006 in order to elect the second Palestinian Legislative Council (PLC), the legislature of the Palestinian National Authority (PNA). The result was a victory for Hamas, contesting under the list name of Change and Reform, which received 44.45% of the vote and won 74 of the 132 seats, whilst the ruling Fatah received 41.43% of the vote and won just 45 seats. The newly elected PLC met for the first time on 18 February 2006. Incumbent Prime Minister Ahmed Qurei tendered his resignation on 26 January 2006, but remained interim Prime Minister at the request of President Mahmoud Abbas. On 20 February, Hamas leader Ismail Haniya was nominated to form a new government. The new government with Haniya as Prime Minister was sworn in on 29 March. These were the last contested elections to be held before Hamas took over the Gaza Strip in 2007; no new elections have been held since. Background The 2006 elections ...
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Israel's Unilateral Disengagement Plan
The Israeli disengagement from Gaza ( he, תוכנית ההתנתקות, ') was the unilateral dismantling in 2005 of the 21 Israeli settlements in the Gaza Strip and the evacuation of Israeli settlers and army from inside the Gaza Strip. The disengagement was proposed in 2003 by Prime Minister Ariel Sharon, adopted by the government in June 2004, and approved by the Knesset in February 2005 as the ''Disengagement Plan Implementation Law''. It was implemented in August 2005 and completed in September 2005. The settlers who refused to accept government compensation packages and voluntarily vacate their homes prior to the 15 August 2005 deadline were evicted by Israeli security forces over a period of several days. The eviction of all residents, demolition of the residential buildings and evacuation of associated security personnel from the Gaza Strip was completed by 12 September 2005. The eviction and dismantlement of the four settlements in the northern West Bank was complete ...
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Israeli West Bank Barrier
The Israeli West Bank barrier, comprising the West Bank Wall and the West Bank fence, is a separation barrier built by Israel along the Green Line and inside parts of the West Bank. It is a contentious element of the Israeli–Palestinian conflict: Israel describes the wall as a necessary security barrier against Palestinian terrorism, whereas Palestinians describe it as an element of racial segregation and a representation of Israeli apartheid. At a total length of upon completion, the route traced by the barrier is more than double the length of the Green Line, with 15% of its length running along the Green Line or inside Israel, and the remaining 85% running as much as inside the West Bank, effectively isolating about 9% of the land and approximately 25,000 Palestinians from the rest of the Palestinian territory. The barrier was built by Israel following a wave of Palestinian political violence and incidents of terrorism inside Israel during the Second Intifada, whi ...
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List Of Countries By GDP (nominal) Per Capita
The figures presented here do not take into account differences in the cost of living in different countries, and the results vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations change a country's ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. Therefore, these figures should be used with caution. GDP per capita is often considered an indicator of a country's standard of living; however, this is inaccurate because GDP per capita is not a measure of personal income. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. (''See'' List of countries by GDP (PPP) per capita.) PPP largely removes the exchange rate problem but not others; it does not reflect the value of economic output in international trad ...
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