altA new report by the World Bank charges that Israel’s system of checkpoints and restrictions in the West Bank is inflicting long-term damage on the Palestinians’ ability to compete in the global market. In its report the organization said that Israel’s policies are causing the manufacturing and agricultural sectors to contract and “alarmingly” high unemployment.

Unemployment in the West Bank and Gaza is close to 25 percent and real GDP growth has declined from a high of 11 percent in 2010 and 2011 to 6.1 percent in 2012.

By: MidEast Daily News