Title Page
WEST BANK AND GAZA
SELECTED ISSUES1
September 11, 2023
Approved By
Middle East and Central Asia Department
Prepared By Yazan Ajamieh, Antonio Bassanetti, Thomas Laursen, and Hania Qassis
Contents
ECONOMIC DIVERGENCE
A. Economic Developments and Structure
B. Labor Markets
C. Investment and Financial Intermediation
D. Trade Developments and Restrictions
E. Conclusion
ANNEX
I. Illustration of the I-O Analysis Using the Leontif Inverse Matrix
PUBLIC PENSION SYSTEM: FEATURES AND REFORM OPTIONS
A. Overview of the Current System
B. Analysis of the Current System
C. Options for Reform
D. Summary and Conclusion
FIGURES
1. Scheme II Old-Age Benefits by Career Length
2. Demographics
3. Internal Rate of Return by Career Length, Males
4. Internal Rate of Return by Career Length, Females
5. Internal Rate of Return by Wage Level
6. Internal Rates of Return—Reform Options
TABLES
1. Contributors and Beneficiaries
2. Key Parameters of Scheme II Defined-Benefit Component
The IMF provides technical services to the West Bank and Gaza, including policy advice in the macroeconomic, fiscal, and financial areas, as well as technical assistance, with a focus on tax administration, public financial management, public expenditure management, banking supervision and regulation, and statistics. See www.imf.org/wbg for previous reports.