World Bank to provide $5 million toward job creation in Palestine

From time to time, the Palestine Center distributes articles it believes will enhance understanding of the Palestinian political reality. The following article was published by MNA on December 21, 2015.

BETHLEHEM (Ma’an) — The World Bank on Monday announced $5 million worth of funding to go toward job creation across the occupied Palestinian territory.

The international finance institution said in a statement that the money would go toward the ‘Development Impact Bonds’ project, aimed at providing private sector skills in Palestinian youth aged 18 to 29 years old.

“Jobs are among the most pressing issues in Palestine,” said Steen Lau Jorgensen, the World Bank’s country director for the occupied West Bank and Gaza.

 

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