IMF's Lagarde says West Bank, Gaza growth must be focussed on jobs

IMF's Lagarde says West Bank, Gaza growth must be focussed on jobs
FILE PHOTO: International Monetary Fund Managing Director Christine Lagarde arrives for the Women's Forum Americas, at Claustro de Sor Juana University in Mexico City, Mexico, May 30, 2019. REUTERS/Carlos Jasso -
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Carlos Jasso(Reuters)
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MANAMA (Reuters) – Growth in the West bank and Gaza has to be focussed on creating jobs, the head of the International Monetary Fund said on Wednesday, as she discussed the Trump administration’s $50 billion economic plan for Israeli-Palestinian peace.

“One of the really good aspects of the plan … is that it identifies some of the sectors, some of the industrial and economic sectors, that will be conducive to jobs,” said IMF managing director Christine Lagarde.

“It cannot be any kind of growth in the West Bank and Gaza, it needs to be job intensive,” she added, citing agriculture, tourism and construction as sectors that “will absorb a lot of labour”.

(Fixes typo in media identification slug)

(Reporting by Matt Spetalnick, Davide Barbuscia and Lisa Barrington; Editing by Andrew Heavens)

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