Palestine – 12 Billion Dollars Disappeared

http://palestinethinktank.com/2010/03/26/no-results-12-billion-dollars-disappeared-in-palestine

Vienna – 25 March 2010 – During the noon session of the UN Seminar on Assistance to the Palestinian People on 25 March, I had the opportunity to speak Dr. Ghania Malhis, chairwoman of the board of trustees at the Palestinian Economic Policy Research Institute in Ramallah and one of the speakers at the event.

After a personal conversation, she agreed to let me publish her speech, in which she concludes that, despite the considerable economic help from various institutions of the international community and NGOs – about 20 billion US Dollars over the last 15 years – in her own words “it has been almost impossible to trace any positive impact of these mobilized resources on the ground” and “the GDP of 2009 is 13% lower than the GDP of 1999, and the GDP per capita is 30% lower for the same years”.

Lovin’ Palestine Think Tank. Good new source. Anyway, it’s obviously Israeli occupation, especially when you compare the DGP from pre 1964. Or pre 1948, for that case.


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