state of palestine Capital: ramallah Pos.: Surface: 6.257 Kmq 165 Population 2020: 5.102.000 119 Pop. density: 815,41 in./Kmq 8 Pop. growth 12ys:  +19,29 % GDP per capita: 3.050 $ 132 Nominal GDP 2020: 15,561 billions $ 122 PPP per capita: 5.357 $ 139 GDP PPP 2020: 27,332 billions $ 137 Internet TLD:
On 15 November 1988 in Algiers, then-Chairman of the PLO Yasser Arafat proclaimed the establishment of the State of Palestine. A year after the signing of the Oslo Accords in 1993, the PNA was formed to govern (in varying degrees) areas A and B in the West Bank, comprising 165 enclaves, and the Gaza Strip. After Hamas became the PNA parliament's leading party in the most recent elections (2006), a conflict broke out between it and the Fatah party, leading to Gaza being taken over by Hamas in 2007 Economy: Following the January 2006 legislative elections, decisively won by Hamas, the Quartet (apart from Russia) cut all funds to the Palestinian Authority led by prime minister Ismail Haniyah (Hamas). The PA had a monthly cash deficit of $60 million-$70  million after it received $50 – $55 million a month from Israel in taxes and customs duties collected by Israeli officials at the borders. After the elections, the stock market fell about 20%, and the PA exhausted its borrowing capacity with local banks
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