Christoph Duenwald: Christoph Duenwald told The Associated Press in an interview that the Palestinian territories are plagued by a host of problems: Slowing growth, high unemployment, large budget deficits, Israeli restrictions, and an unpredictable stream of donor aid, according to Times Colonist. "The whole problem is rooted in the political conflict between Israelis and Palestinians," Duenwald said late Wednesday night ahead of the release of an IMF staff report on West Bank and Gaza economies and WASHINGTON - Palestinians are in a precarious economic position and may struggle to keep financing their budgets over time, the International Monetary Fund mission chief for the West Bank and Gaza warned. Progress in newly restarted peace talks with Israel holds out the most hope for relieving Palestinian hardship.
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