RAMALLAH, December 4, 2011 (WAFA) - Palestinian economic investments outside the
PCBS and the Palestine Monetary Authority (PMA) have prepared, for the first time, a press release of the International Investment Position (IIP) of the
The primary results of the IIP (external assets – foreign liabilities) for the Palestinian Territory by the end of 2010 revealed that net IIP amounts to $2084 million, which means that the Palestinian economy, in its various sectors, has invested outside the Palestinian Territory by more than the investment amount inside from abroad.
The cash deposits of local banks in foreign banks and the foreign exchange in the Palestinian economy had contributed majorly in external assets, representing 58% of their total value.
Total stocks of External Assets for the
M.H./F.J.