SR225m KSA aid for Palestine budget

In this Aug. 11, 2014 file photo, Palestinian Ziad Rizk, sits with others in a shelter made of a blanket stretched over four poles next to one of the destroyed al-Nada Towers, where he lost his apartment and clothes shop, in the town of Beit Lahiya, northern Gaza Strip.

In this Aug. 11, 2014 file photo, Palestinian Ziad Rizk, sits with others in a shelter made of a blanket stretched over four poles next to one of the destroyed al-Nada Towers, where he lost his apartment and clothes shop, in the town of Beit Lahiya, northern Gaza Strip.


Saudi Arabia announced Tuesday that it has given SR225 million to support the budget of the Palestinian Authority (PA) over the past three months.

“The Saudi Fund for Development has transferred the amount to the account of the Palestinian Finance Ministry,” said Saudi Ambassador to Cairo Ahmed Qattan.

Qattan, who is the Kingdom’s permanent representative to the Arab League, said the amount represented the Kingdom’s monthly contribution (SR75 million each) to the PA’s budget for October, November and December 2014.

He reiterated Saudi Arabia’s continuous support for the Palestinian cause at all forums. “Since January 2013, the Kingdom has increased its share to the PA’s monthly budget from $14 million (SR52.5 million) to $20 million (SR75 million),” he said.


[wpResize]




Hamas employees in pay protest at unity govt Gaza HQ
U.N. to hold Libya peace talks in Geneva on Wednesday
%d bloggers like this:
Powered by : © 2014 Systron Micronix :: Leaders in Web Hosting. All rights reserved

| About Us | Privacy Policy | Terms of Use | Disclaimer | Contact Us |