IMF says Palestinian economy precarious

Published September 12, 2013 8:11am ET



WASHINGTON (AP) — Palestinians are in a precarious economic position and may struggle to keep financing their budgets over time, the International Monetary Fund mission chief for the West Bank and Gaza warned.

Christoph Duenwald told The Associated Press in an interview that the Palestinian territories are plagued by a host of problems: Slowing growth, high unemployment, large budget deficits, Israeli restrictions, and an unpredictable stream of donor aid.

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