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Fiscal Sector Working Group (FSWG)


The FSWG is a forum for fiscal policy discussions, with emphasis on issues related to fiscal development, public financial management reforms and the coordination of donor disbursements for recurrent expenditures.

This group has a two-tiered structure: a full Sector Working Group consisting of all donors contributing donor support for recurrent expenditures, which meets in line with quarterly reporting on the PA national plans; and a Task Force Group consisting of donors who have committed or disbursed more than US$ 20 million.

The key functions of the FSWG are as follows:

  • assist donors in aligning assistance in relation to the PA national plans and strategies for the sector;
  • coordinate and harmonize donor assistance;
  • carry out coordinated and strategic dialogue with the purpose of identifying PA priorities and the readiness/availability of the donor community to provide funding;
  • function as the main source of information for PA needs and achievements, donor funding and gaps.

  • The FSWG reports to the Economic Strategy Group (ESG) on a regular basis.

    Membership in the group is limited to donors providing budget support to the PA and relevant PA institutions.


    Composition

    Co-Chairs:
    Ministry of Finance (MoF) and the International Monetary Fund (IMF)
    Technical Advisor: World Bank
    Members:
    PA institutions: Ministry of Planning and Administrative Development (MoPAD), Prime Minister’s Office (PMO)
    Donors: Australia, Belgium, Brazil, Canada, Denmark, Office of the European Union Representative (EUREP), Finland, France, Germany, Ireland, Japan, Norway, Poland, Russia, Slovenia, Spain, Sweden, the Netherlands, United Kingdom (UK), United States (US), World Bank
    Observer: Office of the Quartet (OQ)
    Secretariat: Local Aid Coordination Secretariat (LACS)

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    Key documents 
    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
    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
    FSWG Meeting - 12 December 2012 - Minutes
    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
    IMF - Recent Experience and Prospects of the Economy of the West Bank and Gaza, 21 March 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
    IMF - Recent Experience and Prospects of the Economy of the West Bank and Gaza, AHLC 18 September 2011
    MoF - Fiscal Developments: Second Quarter and Midyear Report 2011, August 2011
    MoF - Fiscal Developments: First Quarter 2011, June 2011
    Strategy on Public Finance Management and Monetary, Banking and Financing Policies (2011 - 2013)
    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
    MoF - The 2010 Budget Law - Statement by the Minister of Finance, April 2010
    IMF - Macroeconomic and Fiscal Framework for the West Bank and Gaza: Fifth Review of Progress, 13 April 2010
     
     


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