palestinian investments abroad outweigh investments at homestatistics
Last Updated : GMT 11:59:16
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 11:59:16
Egypt Today, egypt today

Palestinian investments abroad outweigh investments at home - statistics

Egypt Today, egypt today

Egypt Today, egypt today Palestinian investments abroad outweigh investments at home - statistics

palestine investment bank
Ramallah - WAFA

Preliminary results of the International Investment Position (IIP) and External Debt statistics for Palestine as of end of the second quarter 2018 showed that the IIP (external assets – foreign liabilities) for Palestine at the end of second quarter 2018 amounted to about $1,492 million, which means that the Palestinian economy’s investments outside Palestine outweighs investments in Palestine from abroad.

A joint report by the Palestinian Central Bureau of Statistics (PCBS) and the Palestine Monetary Authority (PMA) published on Monday said the resident cash deposits in foreign banks and foreign exchange in the Palestinian economy accounted for the bulk of the external assets, constituting 59.7% of the total value of external assets.

The total stocks of External Assets for Palestinian economy amounted to $6,413 million, the Foreign Direct Investment abroad contributed to 5.4%, Portfolio Investments abroad reached 21.9%, while other Foreign Investments abroad (mainly currency and deposits) reached 64.5% and Reserve Assets amounted to 8.2%, at sectoral level, the external investments of banks sector represented a large share of the external assets, standing at 68.7% of the total value of external assets for Palestinian economy.

The total stocks of Foreign Liabilities in Palestine (stocks of non-residents invested in Palestine) amounted to $4,921 million, the Foreign Direct Investment in Palestine contributed to 55.0%, Portfolio Investments in Palestine reached 13.8% and other investments in Palestine (mainly loans and deposits from abroad) amounted to 31.2%, at sectoral level, the foreign investments in banks sector contributed a major value in the foreign liabilities, represented by 35.5% of the total value of foreign liabilities on Palestinian economy.

The Gross External Debt on the Palestinian economic sectors reached $1,579 million, the debt on government sector represented 65.1%, while debt on banks sector reached 29.5%, and debt on other sectors (nonbank financial corporations, non-financial corporations, NGOs and households sector) amounted to 2.6%, and the lending between affiliated companies reached 2.8%.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

palestinian investments abroad outweigh investments at homestatistics palestinian investments abroad outweigh investments at homestatistics



Egypt Today, egypt today Modern colorful bedroom renovation

GMT 12:15 2017 Thursday ,21 December

Modern colorful bedroom renovation
Egypt Today, egypt today Paris Fashion Week: John Galliano goes co-ed on the catwalk
Egypt Today, egypt today For the Variety of Interior Design Styles

GMT 22:35 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 15:45 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 12:30 2018 Friday ,14 December

Noriaki Kasai: 30 years of World Cup ski-jumping

GMT 13:03 2017 Saturday ,11 November

Mercedes-Benz S-Class remains

GMT 17:07 2018 Tuesday ,16 January

Versace reveals new fragrance pour femme Dylan Blue

GMT 08:37 2017 Monday ,23 October

Sabrine happy for participating in documentary

GMT 16:05 2011 Tuesday ,28 June

American University to hand out scholarships

GMT 16:03 2017 Wednesday ,20 September

Chief of Staff follows "Bright Star 2017" activities

GMT 07:42 2017 Sunday ,01 October

Air France A380 makes emergency landing

GMT 07:00 2018 Friday ,12 January

Film legend Delon says he's ready to die

GMT 08:06 2018 Friday ,05 January

Pliskova survives Kanepi scare

GMT 19:21 2017 Sunday ,06 August

105 people injured in various accidents

GMT 15:13 2017 Friday ,29 December

Bono, former Suu Kyi campaigner

GMT 04:22 2017 Saturday ,22 April

Eastwood to make movie on Moroccan suicide suspect

GMT 11:17 2011 Saturday ,18 June

Moody\'s warns to cut Italy\'s credit ratings

GMT 22:11 2012 Monday ,27 February

Givenchy Man shaving cream

GMT 03:08 2012 Sunday ,12 February

Tommy Hilfiger F/W collection

GMT 12:10 2017 Thursday ,20 April

Satellite dishes reconnect

GMT 11:47 2017 Friday ,22 December

Kinda will not participate in coming Ramadan

GMT 08:26 2017 Tuesday ,14 November

Actor Amr Saad performs two roles in “Karma”

GMT 11:12 2017 Monday ,18 September

Rickshaws to jump start India's all-electric drive

GMT 07:58 2017 Wednesday ,15 November

Saudi-Russian missile deal set

GMT 06:48 2012 Wednesday ,15 August

Maya Diab : Divorce rumours are ridiculous

GMT 02:32 2011 Sunday ,10 April

Italy triumphs in Jeddah
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube
egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday