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World Bank: $750 Million in Aid to Jump-Start Gaza Economy


(AFP/Daily Star-Lebanon) The international community is investing up to $750 million in the Gaza Strip in the coming months to create large numbers of jobs and jump-start an economic recovery of the area, Nigel Roberts, the World Bank's director for the West Bank and Gaza, said. "The idea is to put our efforts as quickly and visibly as possible so people get a chance to see that things are changing," he said. International Mideast envoy James Wolfensohn raised the money from donor countries for job creation and infrastructure projects in the wake of Israel's pullout from Gaza.
2005-10-12 00:00:00
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