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July 25, 2012 2:11 pm

World Bank: Palestinian Economy “Not Strong Enough to Support” a State

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World Bank building in Washington D.C. Photo: wiki commons.

Ynet/AP – The Palestinian economy’s recent growth is unsustainable because of its heavy reliance on foreign aid, a World Bank report said Wednesday.

For the past two decades, donor countries have propped the Palestinian economy by giving billions of dollars. The report said such aid has led to 7.7% gross domestic product growth between 2007 and 2011.

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  • kevobx

    Fourscore and seven years ago? *Jeremiah 41:5 That there came certain from Shechem, from Shiloh, and from Samaria, even fourscore men, having their beards shaven, and their clothes rent, and having cut themselves, with offerings and incense in their hand, to bring them to the house of the Lord. (Read Isaiah 1:13) *Luke 16:7 Then said he to another, And how much owest thou? And he, An hundred measures of wheat. And he said unto him, Take thy bill, and write fourscore. (The parable of the wheat & the tares *Matthew 13:30) *Psalm 90:10 The days of our years are threescore years and ten; and if by reason of strenght they be fourscore years, yet is their strenght labour and sorrow; for it is soon cut off, and we fly away. *Revelation 6:6* equals *Jeremiah 41:8

  • Believe it or not, the prophesied command and control structure for the Holy Land is actually a kingdom.

    The core components of the Middle East jigsaw puzzle centred around Jerusalem are : The State of Israel; Judea and Samaria/The West Bank; Gaza; Jordan; Lebanon; Syria; Egypt and Saudi Arabia. The current GDP of these areas is $1.6 Trillion. This can easily grow by more than 5% p.a. from 2013 onwards if stability prevails and a certain command and control structure is heeded.

    P.S. Interested readers should look up “The Special Status of the Davidic Dynasty” by Rav Mosheh Lichtenstein.