Results for Tag: economy
In 1997, the World Bank described the water situation in Gaza as an “emergency state of affairs”. Yet nearly 20 years on, the levels of pumping have only increased, pollution has worsened and large parts of the water infrastructure in the area have been damaged or destroyed. Why was Gaza’s “emergency state of affairs” left to deteriorate beyond the point of repair?
After the peace treaty in 1994, the implementation of a canal linking the Red Sea and the Dead Sea became the focal point of Israeli-Jordanian cooperation. In February 2015, Jordan and Israel signed an agreement to implement the first phase of the project at a cost of $900 million over a period of three years.
Agriculture is considered highly important to the Palestinian economy, as it makes up 25% of exports and directly employs around 117,000 Palestinians. However, agriculture contributes only about 12% to Palestinian GDP, while continuing to be the largest consumer of water, accounting for more than 62% of total use according to the World Bank. The amount of water currently used for irrigation is about 141 MCM/yr to irrigate around 200,000 dunum (1 dunum is about 0.1 hectare) in the West Bank and Gaza Strip