Economics
Peace Would Curb Palestinian Need for Donors, Abbas Aide Says
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The Palestinian economy may grow 20 percent annually if there is peace with Israel and become less dependent on international donors, said Mohammad Mustafa, who runs the Palestinian Authority’s main investment fund.
In the meantime, Palestinians are pushing ahead with development of a new West Bank financial center and what may become the biggest initial public offering yet when mobile phone operator Wataniya Palestine Telecom sells shares before the end of the year.