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Palestine no longer a safe environment for investments

Economic indicators show an increase in Palestinian investment outside Palestine, stirring fears about the Palestinian economy.

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Palestinian entrepreneurs work in Gaza City, Gaza, June 13, 2019. — REUTERS/Mohammed Salem

The Palestinian Central Bureau of Statistics and the Palestinian Monetary Authority announced in a joint report published Sept. 29 an increase in Palestinian investment abroad while foreign investment in Palestine remained stable.

The report said that the net difference between external assets and foreign liabilities for Palestine at the end of the second quarter was $1.9 billion, an increase of 11% over the previous quarter, showing "that the Palestinian economy’s investments outside Palestine outweigh investments in Palestine from abroad." The external assets for the Palestinian economy were $7.26 billion at the end of the second quarter, while foreign investment in Palestine totaled $5.33 billion.

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