JERUSALEM — The Palestinian Authority has taken "significant steps" to improve governance and tackle rampant corruption but must follow through with implementation, the World Bank said on Wednesday.
In a report on the state of economic governance in the West Bank, where the PA is the ruling power, and the Gaza Strip, where Islamist Hamas is in charge, the bank acknowledged the major obstacles faced by the PA.
And it said that while public perception of government corruption remained high, actual experience of corruption was fairly low.
"Major reforms have been carried out, particularly in public finance, and the PA is now able to better manage its public financial systems and equity holdings," World Bank country director Mariam Sherman said in a statement accompanying the report.
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