How the World Bank's report on Gaza covers up the Us- backed Israeli genocide

How the World Bank's report on Gaza covers up the Us- backed Israeli genocide
23, Sep 2024
How the World Bank's report on Gaza covers up the Us- backed Israeli genocide
Author: Hala Ali

The World Bank (WB) has historically and continuously facilitated the global capitalist colonial system. It routinely turns a blind eye to the colonial reality in Palestine and the impact of colonial policies on the Palestinian economy. It ignores the deep-rooted structural issues of the Palestinian economy under the Israeli occupation’s policies and control. It also fails to hold the Israeli occupation accountable for the economic deterioration in Palestine, and often scapegoat the Palestinian Authority (PA) for the persistent economic decline. The Bank recommend borrowing and the adoption of austerity measures, while conveniently ignoring the culpability of occupation policies. This oversight shuts down any real prospects for meaningful economic development.