In the aftermath of the last round of conflict between Israel and Hamas, in the summer of 2014, many donors made big pledges of aid for Gaza at a special conference in Cairo. And many haven’t paid up.
This is one conclusion that emerges in the newest IMF report on the Palestinian economy, dated May 18, 2015. It is a report to the Ad Hoc Liaison Committee, the donor group that meets to coordinate aid. In the report the IMF decries “shortfalls in donor aid relative to Cairo pledges.” The IMF notes that “the reconstruction process in Gaza is moving far more slowly than expected,” and one big reason is “unfilled donor pledges.” Because the United States has met its pledges, it seems likely that the unmet pledges are from Arab donors—or to be more precise, from Arab non-donors. Read more »