The key objective of the PURSE MDTF is to strengthen sustainable recovery, economic reform and social resilience in the West Bank and Gaza (WB&G).
New Significant, Streamlined Platform
The PURSE aims to provide a platform to harness the efforts of the PA, the World Bank, and DPs, to address the priority development needs of the Palestinian people at a strategic level.
Alignments
- World Bank Group FY22-25 Assistance Strategy for the West Bank and Gaza
- The PA’s National Plan of Action (NPA) 2017-2022 and the National Development Plan (NDP) 2021-2023, which places the economy and human capital in the core of its strategy
- Donors’ areas of interest (including co- and parallel financing)
- World Bank Group COVID-19 Crisis Response Approach Paper, FCV Strategy, and MENA regional strategy
- The World Bank’s Trust Fund Reform (Umbrella 2.0 Program)
The Four Priority Areas
- Macro-fiscal Stability and Public Financial Management
- Human Capital Investment and Service Delivery
- Private Sector Development and Job Generation, and
- Protection to the Poor and at-risk Population
End Disbursement Date: December 31, 2031
