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2022-09-26

YEAR IN REVIEW BY USAID- SUCCESSES : ECONOMIC RECOVERY AND GROWTH

USAID’s private sector programs advance productivity and create an environment that attracts investment and allows Palestinian businesses to access domestic, regional, and international markets. Technical assistance and grants, market access initiatives, and other support help Palestinian businesses recover from the effects of the COVID-19 pandemic.

This year, USAID supported 28 hotels and two handicraft cooperatives to resume operations and meet the increasing demand of travelers resulting from eased COVID-19 restrictions. Handicraft cooperative recovery plans provide export market access and increase income for 180 micro-sized Palestinian businesses.

This year, USAID signed 17 grants with small and medium enterprises and start-ups for recovery plans totaling over $900K. Recovery plans include support to replace and repair critical technologies and equipment to restart efficient operations.

 

Please click the link for all the achievements of all USAID/WBG projects this year: USAID/West Bank and Gaza - Year in Review Successes (adobe.com)

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