Because the World Bank has its priorities....
1 Comments Published by Tom Gara on Sunday, February 17 at Sunday, February 17, 2008.
You can't make this stuff up:
I guess the economic benefits of having an internationally recognized currency, border, government, airport, seaport or nation state pales in comparison to the economic benefits of improved efficiency brought about through competition. Go World Bank!JERUSALEM (AFP) — The World Bank on Wednesday urged an opening up of the Palestinian telecommunications sector, saying this would yield far-reaching benefits to the overall economy.
It also lamented that Israel had failed to free up frequencies for the second Palestininian mobile operator, Wataniya, preventing it from beginning to compete with the Jawwal unit of PalTel, which currently has a monopoly.
"Improved efficiency brought about through competition will reduce the cost of doing business in all sectors, lower the cost of telecommunications services to consumers and help increase government revenues," said a statement issued in Jerusalem.
And don't forget about the economic benefits of electricity, gas, water, and petroleum.