New World Bank strategy for West Bank and Gaza

The World Bank is giving $US 55 million to support development assistance to the West Bank and Gaza.

The bank says the funds will be used to promote private-sector growth and strengthen public institutions.

In a statement the organization said "the Bank's support will continue to focus on strengthening the institutions of a future Palestinian state to efficiently manage public finances while ensuring services to citizens."

The donation, announced Friday, must be approved by the banks board of governors.

Filed under Today's News.
UN Radio Daily News Programme
UN Radio Daily News Programme
Updated at 1800 GMT, Monday to Friday
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