This web page provides information on the activities of our office, views of IMF staff, and the relations between West Bank and Gaza and the IMF. Our latest report is available here.
West Bank and Gaza: At a Glance
The IMF established an office of the IMF Resident Representative for West Bank and Gaza in July 1995, to help fulfill the IMF’s mandate to assist the Palestinian Authority as specified under the Oslo Accords. West Bank and Gaza is not a member country of the IMF, and the IMF can therefore not lend to West Bank and Gaza. The IMF does provide technical services to West Bank and Gaza, including: (i) policy advice in the macroeconomic, fiscal, and financial areas; as well as (ii) technical assistance, with a focus on tax administration, public financial management, banking supervision and regulation, and statistics. As a member of the Ad Hoc Liaison Committee (AHLC, established in 1993 following the signing of the first Oslo Accord to coordinate the delivery of international development assistance to the Palestinian Authority), the IMF—alongside UNSCO, the World Bank and the Quartet—also publishes regular reports as an input to the usually biannual AHLC meetings.
Office Activities
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IMF Statement on Israel and Gaza
October 12, 2023
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West Bank and Gaza Report to the Ad Hoc Liaison Committee
September 13, 2023
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West Bank and Gaza Select Issues
September 13, 2023
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IMF Staff Concludes Visit to West Bank and Gaza
Amid a deteriorating security, political, and social environment, the growth momentum is abating while inflation is projected to ease. Persistently high unemployment and poverty add to macroeconomic fragilities.
August 22, 2023
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West Bank and Gaza: Report to the Ad Hoc Liaison Committee
April 25, 2023
Regional Economic Outlook
May 1, 2025
Charting a Path through the Haze
Growth is projected to rise in the Middle East and North Africa in 2025 and 2026, but at a slower pace than anticipated in the October 2024 REO. Across the region, rising trade tensions and policy uncertainty are adding to the impact of conflicts and extended oil production cuts to weaken growth prospects. In the Caucasus and Central Asia, growth has been robust but is set to moderate to a more sustainable pace. Policymakers must adapt to the new environment, prioritizing macroeconomic stability and accelerating structural reforms to seize global opportunities.
Read the Report