$ 100 m Saudi aid hailed by Palestinian PM



RAMALLAH: ARAB NEWS

Published — Monday 16 July 2012

Last update 16 July 2012 8:34 pm

| نسخة PDF Print News | A A

Palestinian Prime Minister Salam Fayyad yesterday hailed an emergency $ 100 million donation received from Saudi Arabia after Palestinian President Mahmud Abbas visited the Kingdom recently.
“Prime Minister Salam Fayyad and the Palestinian people thank Custodian of the Two Holy Mosques King Abdullah after he instructed the Saudi Finance Ministry to transfer $ 100 million to the Palestinian Authority treasury at the request of President Mahmud Abbas,” Fayyad’s office said, according to an AFP report. The money, the office added, would “support the Palestinian Authority and assist them in overcoming the financial crisis they are suffering from.”
Abbas on Friday had asked King Abdullah for emergency financial assistance for his West Bank Palestinian Authority government, which is facing a shortfall that officials have said is the worst in the government’s history. On Friday, the top Palestinian diplomat in Riyadh, Jamal Shobaki, told AFP that the PA’s debts stood at $ 1.5 billion.
Citing statistics from Fayyad’s government, Shobaki said an estimated $ 500 million was needed in urgent aid to tackle the current crisis, which has left the government unable to meet payroll for its employees.
"This $100 million is important and significant because it's coming from a leading Arab state, and this hopefully can be an example for other countries to follow," Ghassan Khatib, a Palestinian government spokesman, told Reuters.
With the Kingdom’s aid offer, Palestinians may hope for an end to the shortfall in pledges by traditional Arab benefactors.
"This generosity added to the track record of financial and political support by the Kingdom," the Palestinian prime minister added.
"This support will have a deep impact in deepening the steadfastness of the Palestinian people," he said.

What's happening around Saudi Arabia

JEDDAH: Foreign Minister Adel Al-Jubeir says if the Syrian political process fails, Bashar Assad will have to be removed “by force.”“I believe Assad is weak and I believe Assad is finished,” he told CNN’s Christiane Amanpour in an exclusive interview...
JAZAN: Saudi defense forces at the southern border shot down on Saturday a Scud missile that originated from Yemen and targeted Khamis Mushait where a major airbase is located, Al-Arabiya reported.Meanwhile, Foreign Minister Adel Al-Jubeir told a sec...
JEDDAH: Employees of the Education Office in Al-Daer governorate, Jazan, where seven people were gunned down on Thursday are in a state of shock and perplexed as to what prompted the attacker — a teacher — to take such an extreme step.The teacher, id...
JEDDAH: The campaign to support Syrian refugees with all their needs is being carried out effectively, as per the directives of Custodian of the Two Holy Mosques King Salman, Crown Prince Mohammed bin Naif and Deputy Crown Prince Mohammed bin Salman....
RIYADH: The Ministry of Municipalities and Rural Affairs has ordered the allocation of separate sections for female members of municipal councils.This was announced by Jedaie Al-Qahtani of the ministry. “This is in implementation of Clause 107 of the...
DAMMAM: The 9th Saudi Student Conference which is being held on Feb. 13-14 is sponsored by Umm Al-Qura University and hosted by the University of Birmingham in the United Kingdom. It was organized by the Scientific Society for Saudi Students in the...
RIYADH: Over the past 10 years, begging in the Kingdom has increased substantially, with the number of organized gangs of expatriate beggars increasing to 85 percent of the total number of beggars, according to Social Affairs Ministry Majed Al-Qassab...
RIYADH: The Ministry of Health said it expects its blood donation drive will received 450,000 milliliters (ml) of blood when the Janadriyah festival ends on Feb. 19.Khalid Ibrahim Zobaie, who supervises the blood donation project, said the drive is i...
JEDDAH: The Shoura Council’s decision to reduce working hours in the private sector from 48 hours to 40 hours per week would result in additional operational costs in the sector due to 30 percent higher wages for expat workers, according to Mansour b...
MADINAH: Madinah Gov. Prince Faisal bin Salman recently visited a number of ongoing developmental project sites in the Holy City, as part of his efforts to ensure that they meet the set standards and deadlines.During the visit, he said that all the s...
RIYADH: The National Guard Ministry is studying the possibility of having two countries as guests of honor each year instead of one at the Janadriyah festival for culture and heritage, the Kingdom’s most prestigious annual festival.This was revealed...
DAMMAM: The Pakistan International School in Alkhobar hosted their 49th annual prize distribution ceremony to honor outstanding students in the presence of Pakistani Ambassador Manzoor Ul Haq and his wife, Nighat Manzoor.Haq appreciated the efforts o...
DAMMAM: The Weaam Association for Family Care in the Eastern Province has succeeded in addressing more than 700 cases of family disputes during the last one year.Abdulrahman Al-Khudair, Weaam’s director of public delations, said: “The association off...
JEDDAH: The Nakheel mall case has continued to grab the limelight, with a number of lawyers now offering their services to the girl who was roughed up by some Haia members in Riyadh. Some people also expressed, through social media, their support to...
RIYADH: Grand Mufti Sheikh Abdulaziz Al-Asheikh inaugurated this week a campaign tosafeguard Saudi society against bad influences.“The campaign seeks to immunize society in the Kingdom from deviant ideas as well as utter lies and heresies that could...

Stay Connected

Facebook