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Strategic Development Initiatives

The Palestinian Government has identified five key strategic initiatives that can play a significant role in addressing some of the structural imbalances and support economic revival efforts, in line with the its comprehensive reform agenda.

 

Main Objective(s)

Strategic Economic Development Initiatives

  • Address the energy crisis in Palestine.
  • Help in achieving energy security, independence, and green economy.
  • Renewable Energy
  • Support the critical health sector reforms.
  • Improve efficiency and quality of service delivery.
  • Reduce the financial burden of outside medical referrals.
  • Localization of Health
  • Advance digitization of government services.
  • Upgrade the digital infrastructure.
  • Upgrade the ICT sector’s legal framework.
  • Support local innovation and tech-enabled enterprises.
  • Digital Transformation & Digital Economy
  • Provide immediate relief to Gaza’s most vulnerable groups.
  • Provide predictable financial assistance to marginalized groups and vulnerable households in Gaza and the West Bank.
  • Social Protection

 

  • Support recovery efforts of private sector establishments, with focus on MSMEs.
  • Support private investments, enhance job creation, and advance environmental sustainability
  • Private Sector Recovery & Diversification
 

Strategic Economic Development Initiative (1): Renewable Energy Program for Palestine

Key target(s): 1) Embark on an ambitious program to generate 500MW of electricity from solar (400MW in the West Bank and 100MW in Gaza). 2) Work with relevant stakeholders to upgrade the electricity infrastructure, including the construction of high-voltage electricity transmission lines across the West Bank and in Gaza.

Strategic Economic Development Initiative (2): Localization of Health Services

Key target(s): 1) Enhance public investments in priority areas in line with the nenewed Ministry of Health’s mandate to improve the quality of service delivery in the health sector. 2) Paying the accumulated arrears to the heath sector to enable the providers of healthcare services, medicine, and medical supplies to resume their operations in a more viable and sustainable business environment.

Strategic Economic Development Initiative (3): Accelerating Digital Transformation and Enabling the Digital Economy

Key target(s): 1) Full digitization of government operations in line with the Ministry of Telecommunications and Digital Economy’s vision to reduce operational costs and improve quality of services. 2) Update the legal framework and regulatory environment, including the adoption and implementation of laws related to Digital ID, Data Privacy, Digital Signature, e-commerce and more. 3) Update the digital infrastructure by providing high speed internet connectivity, governmental data centers, and the overall IT infrastructure required for business sector innovation. 4) Support localization of technology through harnessing human capital, improving IT skills, and advancing emerging technology trends.

Strategic Economic Development Initiative (4): A Comprehensive Social Protection Program to Help the Most Vulnerable and Marginalized

Key target(s): 1) In partnership with international organizations, support urgent aid and assistance to provide immediate relief to Gaza’s most vulnerable groups by addressing basic needs such as shelter, food, water, and medical care. 2) Resuming the operations of the Cash Transfers Program (CTP) to provide predictable financial assistance to vulnerable households in Gaza and in the West Bank.

Strategic Economic Development Initiative (5): Private Sector Recovery and Diversification Program

Key target(s): 1) Support economic revival and early recovery efforts in productive sectors across the West Bank and Gaza. 2) Enable GDP growth, job creation, and increased competitiveness. 3) Diversify the Palestinian economy, with focus on SMEs in productive economic activities.

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