Government Working on Developing Economy, says Advisor

RAMALLAH, September 9, 2013 (WAFA) – Economic adviser to President Mahmoud Abbas, Muhammad Mustafa, said Monday that the government began implementing national economic projects that aim to develop the national economy in an effort to support the private sector.

Mustafa, who is also chairman and chief executive officer of the Palestine Investment Fund, said that the Palestinian leadership and government have come a long way in preparing a comprehensive three-year plan, which aims to develop the Palestinian economy’s level of competition on both local and international levels.

He mentioned some of the most important projects, including the construction of power plants as well as making use of natural resources, mainly gas and water, to reduce the cost of industrial production and support other sectors, particularly the agricultural sector.

source:WAFA NEWS