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Source: Office of the Quartet Representative (OQR)
21 March 2012

AHLC Report: Agenda in support of Palestinian Economic Sustainability and Institution Building

Quartet Representative Tony Blair said: 

“This AHLC meeting in Brussels comes at a profoundly important time for the Palestinian Authority (PA). Amid a steep fiscal crisis, slowing economic trends and continuing political uncertainty, policy reforms and institution-building plans implemented by Prime Minister Salam Fayyad are coming under increasing financial strain. 

“While efforts continue to resume Israeli-Palestinian peace talks, it is important in the coming period to redouble our efforts to shore up the fiscal position of the Palestinian Authority and to re-energize the Palestinian economy. 

“Sustaining economic growth and job creation in the West Bank and the Gaza Strip will require new actions by various parties. These actions should aim at boosting investor confidence and further unlock the immense potential of the Palestinian private sector.

“My development agenda in 2012 focuses on seven thematic areas related to the economic growth and institution-building, specifically: 

“The goal of this development agenda, again, is to catalyse significant economic change on the ground to give greater oxygen to the political negotiation process. So the ‘ground-up’ economic agenda will continue to provide critical support to the ‘top-down’ political process.”

OQR’s Key Priorities in 2012

In 2012, Quartet Representative Tony Blair’s key priorities within this development agenda focus on four areas: 

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