REVIEW The West Bank Opportunities

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Note

This section was written way before the Hamas Oct 7, 2023 attack on Israel. The subsequent articles broach how the PEIS Plan applies to the Israeli-Hamas Gaza War.

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Summary

This AI summary is generated by Microsoft Edge Copilot:

Here are the key points from the page:

- **Growth Forecast**: Israel's growth forecast for 2023 was reduced to **2.7%** from **3%**, resulting in a **$1.5 billion** loss in tax revenue.
- **Past Growth**: The Israeli economy grew by **6.5%** in 2022 and **8.6%** in 2021.
- **PEIS Plan**: The PEIS Plan aims to transform the West Bank economy, boosting local consumption and economic activities, which will benefit both Palestinian and Israeli tax revenues.
- **Economic Integration**: Increased economic activities and free movement between the West Bank and Israel are expected to enhance trade and investment, benefiting both communities.