The IMF has come out in support of a Palestinian plan for economic reform and recovery that would require about USD 5.6 billion in foreign aid over three years. The Palestinian proposal is ambitious, but also achievable, the IMF wrote in a report obtained by AP ahead of next week’s meeting of donor countries in Paris. In other news, US Secretary of State Condoleezza Rice will attend a conference in Paris Dec. 16-17 aimed at offering financial and other aid to the Palestinians as they pursue peace talks with Israel. The conference comes amid the first serious Palestinian-Israeli peace negotiations in seven years. (AP, AFP)

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