January 5, 2022
1 min read

Palestine’s economy expected to grow by 4% in 2022

The Palestinian economy is expected to see a 4 percent increase this year, Prime Minister Mohammed Ishtaye said here…reports Asian Lite News

During a weekly meeting of the Palestinian cabinet, Ishtaye said he expected the value of the gross national income and the total national disposable income to increase by 3.2 per cent and 4.2 per cent, respectively in 2022, Xinhua news agency reported.

ALSO READ: Palestine Prez warns Israel not to undermine the vision of the two-state solution

The total consumption in 2022 is likely to grow by 2 percent year-on-year, the Prime Minister added.

According to official data, the Palestinian economy grew by 6.7 per cent in 2021.

Previous Story

BJP’s kicks off 10-year report card campaign

Next Story

South Korea’s online shopping record high in November

Previous Story

BJP’s kicks off 10-year report card campaign

Next Story

South Korea’s online shopping record high in November

Latest from Arab News

US blocks Abbas from UN meeting again

The US has again denied Mahmoud Abbas a visa for the UN General Assembly, prompting Palestinian condemnation and raising fresh questions over diplomatic access, reports Asian Lite News Desk The United States

Houthi Attack Puts Pakistan-Saudi Pact To Test

Pakistan has condemned the reported Houthi drone attack near Mecca and reaffirmed its support for Saudi Arabia….reports Asian Lite News Desk Pakistan has condemned an alleged Houthi drone attack near Mecca and

Houthi drone intercepted near Mecca airspace

Saudi Arabia says it destroyed a Houthi drone south of Mecca before it entered restricted airspace, while the group denies targeting Islam’s holiest city, reports Asian Lite News Desk Saudi Arabia says

Iran, Oman Agree on New Strait of Hormuz Routes

The new arrangement follows months of technical and diplomatic consultations between Iran and Oman…reports Asian Lite News Desk Iran and Oman have reached an agreement on the details of new entry and

Houthi attacks injure 73 in Saudi Arabia

Saudi Arabia says Houthi attacks injured 73 people and struck civilian, economic and energy infrastructure, prompting warnings of stronger measures against the group, reports Asian Lite News Desk At least 73 people,
Go toTop

Don't Miss

Sudan, Syria, Palestine top Arab League talks in Jeddah

During the meetings, the Arab ministers have welcomed Syria’s return

Trade cautiously!

The week ahead has a trading holiday on Thursday, and