EBRD Supports Small Businesses in West Bank and Gaza

The European Bank for Reconstruction and Development (EBRD) is boosting micro, small and medium-sized enterprises (MSMEs) in the West Bank and Gaza with a US$3 million SME credit line to Vitas Plaestine, a microfinance institution.

MSMEs in the West Bank and Gaza represent a substantial segment of the economy and supporting their access to finance is now more important than ever, particularly to mitigate the economic impact of Covid-19.