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Economic Strategy Group (ESG)


The ESG focuses on issues of economic policy formulation and programmatic coordination. The main objective of the ESG is to improve aid effectiveness and strengthen PA-donor partnerships by:

  • increasing donor alignment and harmonization with the PA's national and sector policies, priorities and plans in the economic area;
  • supporting the development or updating of sector policy papers and strategies, within the framework of national plans and budgets;
  • developing joint indicators for sector monitoring and programme-based approaches;
  • improving coordination and transparency between the PA and donors and enhancing cross-sector policy discussion;
  • developing and ensuring adherence to basic aid effectiveness principles;
  • preparing, wherever possible, a sector-wide approach and pooled funding arrangements.
  • The ESG is supported by the work of three Sector Working Groups (SWGs) and two Task Force groups. These are functional groups which are the main instrument of coordination between the PA and the donor community at the technical level. The following SWGs currently exist: Agriculture, Fiscal and Private Sector Development and Trade. The following two Task Force groups currently exist: a Micro and Small Finance Task Force that reports to the ESG and a Fiscal Task Force that reports to the Fiscal SWG.

    The ESG reports to the Local Development Forum (LDF) on a regular basis.

    Membership in the group is limited to donors and other institutions (e.g. relevant non-governmental organizations, private sector organizations)  who can add substantial financial or analytical value, as well as relevant PA institutions.


    Composition


    Co-Chairs:
    Ministry of Finance (MoF) and the World Bank
    Members:
    PA institutions: Ministry of Planning and Administrative Development (MoPAD), Ministry of National Economy (MoNE), Ministry of Agriculture (MoA), Palestine Monetary Authority (PMA), Office of the President (OoP)
    Donors: Office of the European Union Representative (EUREP), France, FAO, Germany, International Monetary Fund (IMF), the Netherlands, Norway, Spain, United Kingdom (UK), United States (US)
    Observer: Office of the Quartet (OQ)
    Secretariat: Local Aid Coordination Secretariat (LACS)
    ESG Coordinator: World Bank

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    Key documents 
    IMF report on Macroeconomic Development and Outlook 1, 30 June 2014
    World Bank - The Fiscal Challenges and Long Term Economic Costs, for the meeting of the Ad Hoc Liaison Committee which will be held in Brussels on 19 March 2013
    IMF Staff Report - Recent Experience and Prospects of the Economy of the West Bank and Gaza, 19 March 2013
    Office of the Quartet Representative Report for the AHLC - Back to the Future: Integrating the Political and Economic Tracks- 19 March 2013
    ESG/FSWG Meeting – 06 March 2013 - Minutes
    MoF - Fiscal Developments & Macroeconomic Performance: Fourth Quarter and Fiscal Year 2012, March 2013
    IMF - West Bank and Gaza: Labor Market Trends, Growth and Unemployment
    World Bank Economic Monitoring report - Fiscal Crisis, Economic Prospects: the Imperative for Economic Cohesion in the Palestinian Territories, 23 September 2012
    IMF – Recent Experience and Prospects of the Economy of the West Bank and Gaza, 23 September 2012
    MoF - Fiscal Developments & Macroeconomic Performance: Second Quarter and Mid-year Report 2012, August 2012
    World Bank - Towards Economic Sustainability of a Future Palestinian State: Promoting Private Sector – Led Growth, April 2012
    World Bank - Economic Monitoring Note for West Bank and Gaza, July 2012
    PCBS - Palestine in Figures 2011, May 2012
    MoF - Fiscal Developments and Macroeconomic Performance: Fourth Quarter and Fiscal year 2011, February 2012
    MoF - Fiscal Developments and Macroeconomic Performance: Third Quarter 2011, November 2011
    MNE/ARIJ - The Economic Costs of the Israeli Occupation for the Occupied Palestinian territory, September 2011
    IMF - Recent Experience and Prospects of the Economy of the West Bank and Gaza, AHLC 18 September 2011
    World Bank – Sustaining Achievements in Palestinian Institution-Building and Economic Growth, 18 September 2011
    MoF - Fiscal Developments: Second Quarter and Midyear Report 2011, August 2011
    World Bank – West Bank and Gaza: Institutional Capacity, July 2011
    MoF - Fiscal Developments: First Quarter 2011, June 2011
    Strategy on Public Finance Management and Monetary, Banking and Financing Policies (2011 - 2013)
    MNE - Gaza Economic Strategy, March 2011
    World Bank - Building the Palestinian State: Sustaining Growth, Institutions, and Service Delivery, 13 April 2011
    IMF - Macroeconomic and Fiscal Framework for the West Bank and Gaza: Seventh Review of Progress, 13 April 2011
    MoF - The 2011 Draft Budget Law - Statement by the Minister of Finance, March 2011
    MoF - Fiscal Developments: Fourth Quarter and Review of 2010 Performance, February 2011
    IMF - Macroeconomic and Fiscal Framework for the West Bank and Gaza: Sixth Review of Progress, 21 September 2010
    Labour Sector Strategy 2011 - 2013, Executive Summary
    Economic Development Sector Strategy, 2011 - 2013
    MoF - The 2010 Budget Law - Statement by the Minister of Finance, April 2010
    World Bank - Checkpoints and Barriers: Searching for Livelihoods in the West Bank and Gaza - Gender Dimensions of Economic Collapse, February, 2010
     
     


     
    Related links
    World Bank - (English only)
    Ministry of Agriculture (MoA) - (Arabic only)
    Palestine Monetary Authority (PMA) - (English and Arabic)
    International Monetary Fund (English only)
    Ministry of Planning and Administrative Development – (English and Arabic)
    Ministry of Finance – (English and Arabic)
    Palestine Bureau of Statistics – (English and Arabic )
    Ministry of National Economy - (English and Arabic)
    World Bank - (English only)
    Ministry of Agriculture (MoA) - (Arabic only)
    Palestine Monetary Authority (PMA) - (English and Arabic)
    International Monetary Fund (English only)
    Ministry of Planning and Administrative Development – (English and Arabic)
    Ministry of Finance – (English and Arabic)
    Palestine Bureau of Statistics – (English and Arabic )
    Ministry of National Economy - (English and Arabic)
    World Bank - (English only)
    Ministry of Agriculture (MoA) - (Arabic only)
    Palestine Monetary Authority (PMA) - (English and Arabic)
    International Monetary Fund (English only)
    Ministry of Planning and Administrative Development – (English and Arabic)
    Ministry of Finance – (English and Arabic)
    Palestine Bureau of Statistics – (English and Arabic )
    Ministry of National Economy - (English and Arabic)
    World Bank - (English only)
    Ministry of Agriculture (MoA) - (Arabic only)
    Palestine Monetary Authority (PMA) - (English and Arabic)
    International Monetary Fund (English only)
    Ministry of Planning and Administrative Development – (English and Arabic)
    Ministry of Finance – (English and Arabic)
    Palestine Bureau of Statistics – (English and Arabic )
    Ministry of National Economy - (English and Arabic)
     
     
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