Stanley Fischer and the Palestinians

Palestinian Monetary Authority Chief Jihad Al Wazir suggested Mr. Fischer was skilled at navigating political sensitivities to focus on economic challenges.

“During Stan’s tenure [at the Bank of Israel], the relations remained on a professional level,” Mr. Al Wazir said from Ramallah. “It was devoid of politics. There was an understanding of the issues.”

…Mr. Al Wazir said Mr. Fischer helped ease strain in the Palestinian banking system during recurring liquidity crises because of shortfalls in foreign aid and occasional freezes in Israeli transfers of tax revenue collected on the behalf of Palestinians. He helped to get shipments of cash into the Gaza Strip’s blockaded economy.

That is from this story.  Here is much more on Fischer and the Palestinians.  Here are Fischer’s parting comments upon leaving his job in Israel.


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