UK gov't: Overhaul of PA economy vital to bolster peace efforts

September 17, 2007 20:33


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Dramatic steps to improve the Palestinian economy are needed to achieve a lasting peace in the Middle East, a report by the British government said on Monday. A vicious cycle of poverty and unemployment in the Palestinian territories is a key factor for violence and insecurity, said Ed Balls, one of the report's authors and Prime Minister Gordon Brown's most trusted adviser during his 10 years as Treasury chief. "For the Palestinians, further economic malaise will only increase humanitarian suffering," said the report. "For the Israelis, economic deterioration in (Palestinian territories) can only increase security risks." The report, "Economic Aspects of Peace in the Middle East," commissioned by Brown in 2005, said despite international aid worth US$10 billion since 1993, the Palestinian people were getting poorer and 65 percent now live below the poverty line.

Related Content

U.S. President Donald Trump receives a football from Russian President Vladimir Putin
July 20, 2018
Trump invites Putin to Washington despite U.S. uproar over Helsinki summit