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Economy of Ramallah

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Ramallah has been described as the seat of power of the Palestinian Authority and serves as the headquarters for most international NGOs and embassies. Hundreds of millions of dollars in aid flowing into the city have boosted Ramallah’s economy greatly since the end of the second Intifada.

In November 2009, Tony Blair told the New York Times that "there is more hope for Palestinians than many realize."

The Ramallah construction boom is one of the most obvious signs of West Bank economic growth estimated at an annual rate of 8 percent. This has been attributed to relative stability and Western donor

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