Strengthening a nascent insurance sector in Palestine
The Expanded and Sustained Access to Financial Services programme (ESAF) supports USAID in its efforts to build a more inclusive financial sector that increases the sustainable access to financial services for Palestinian households and micro, small and medium enterprises (MSMEs).
Increased donor investment in the West Bank more recently has led to a slight recovery, but an estimated 70% of the Palestinian population is still living at or below the national poverty line of US $2.3 per day. The Palestinian private sector has shown an impressive ability to adapt to the situation however, and continues to operate, though at a greatly reduced capacity.
“Together towards safety” was the slogan of the First Palestinian Insurance Conference, held last June. USAID has published an ESAF Field note on insurance development in Palestine.
More information on the programme and to download the note, go to Microlinks
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