Try to imagine a well-functioning economy without having secure land tenure and property rights established. Would investors and service providers enter such a risky environment? Would banks be wary of offering and lending? Could conventional commerce or business transactions even operate optimally?
This infograpic illustrates key features of GPRBA's role in the West Bank & Gaza Real Estate Registration Project, the first test case in applying results-based financing in the land administration sector.
Ramallah, November 6th. The World Bank, acting as administrator for the Global Partnership for Results-Based Approaches (GPRBA), signed a Grant Agreement on November 6th for US$4.6 million with the Palestinian National Authority to improve access to registered land and property-related services.