Middle East Economic Survey

VOL. LII

No 33

17-Aug-2009

Palestine

Saudi And EU Grants Awarded To PNA

Saudi Arabia has agreed to grant the Palestine National Authority (PNA) $200mn, caretaker Palestinian Prime Minister Salam Fayyad announced on 10 August at a press conference in Ramallah. Mr Fayyad said that the funds, which are to be transferred in a few days, will enable the PNA to fulfill its commitments to the Palestinian people under siege. He added that the Ramallah-based PNA sends $120mn each...