VOL. XL

No. 51/52

22/29-December-1997

PALESTINE

Donors To Give $750Mn In Aid To Palestine

Donor countries meeting in Paris on 15 December have agreed to offer Palestine $750mnin grants and soft loans in 1998 and a further $150mn in guarantees for private sectorinvestment, as part of an assistance program to the West Bank and Gaza for the years1994-98. The bulk of the funds will go towards implementing a $2.5bn, 3-year developmentplan drafted in November (MEES, 17 November). How much will...