An economist and investor with extensive experience in business and investment management, PA National Economy Minister Khaled Osaily holds a bachelor’s degree in economics and business administration. He helped establish the Palestine Telecommunications Company (Paltel) in 1996 and the Arab Palestinian Investment Company in 1994.
He was mayor of Hebron from 2006 to 2012.
The Media Line: What is the state of the Palestinian economy?
Khaled Osaily: First of all, our economy is governed by many negative elements, the biggest negative element being the occupation. The occupation is interfering with every detail of our lives, and the biggest obstacle to us is the existence of the occupation. In order to build an economy, you want at least freedom of movement for people and goods, and these are not available to us. At the same time, we have more than 60% of our lands in Area C [of the West Bank], and therefore I want to refer to a report…
