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2024.05.24 09:06 GMT+8

World Bank says risk of Palestinian Authority's fiscal collapse rising

Updated 2024.05.24 09:53 GMT+8
CGTN

The fiscal situation of the Palestinian Authority has worsened in the last three months, "significantly raising the risk of a fiscal collapse," the World Bank said on Thursday.

"The rapidly widening gap between the amount of revenues coming in, and the amount needed to finance essential public expenditure, is driving a fiscal crisis," it said.

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