RAMALLAH,
Tuesday, October 05, 2021 (WAFA) – President Mahmoud Abbas today received World Bank Group President David Malpass at the presidential headquarters in Ramallah.
President
Abbas expressed gratitude to Malpass
for the World Bank’s efforts in support of development, infrastructure projects
and institution building in Palestine.
He
affirmed Palestine’s commitment to institution building in line with the
principles of rule of law, transparency and good governance while noting that
several decree laws were recently issued, such as the Law of Companies and the
Telecommunications Sector Regulation Law, in order to promote investment and
development.
He
stressed his keenness on providing ongoing support to enhance Palestinian
development and institution building efforts.
President
Abbas briefed Malpass and
the accompanying delegation on the obstacles to development and Palestinian
economic advancement, notably the Israeli occupation practices and decline of
foreign aid.
He
renewed the State of Palestine’s commitment to political activism and United
Nations resolutions as a path to end the Israeli occupation and realize the
Palestinian people’s quest for freedom
and independence.
Malpass
affirmed that the World Bank continues to uphold the policy of providing
support to development, infrastructure and Palestinian institution building
while expressing the World Bank’s appreciation of the set of Palestinian laws
in support of development and investment, which would have a positive impact on
economic growth and stimulate investment in many sectors.
He
pointed that he would continue to hold meetings with the Prime Minister
Mohammad Shtayyeh and the Palestinian competent
authorities and keep abreast of the projects implemented in Palestine.
K.F.
