RIYADH, 9 January — The Kingdom has decided to grant $45 million to the Palestinian Authority which is facing an acute financial problem, the Palestinian representative in the Kingdom said yesterday. "The money will be paid over the next three months to the tune of $15 million a month. It will be used to pay the wages of Palestinian employees in the occupied territories," Mustafa Deeb said. The grant was offered by the Saudi Fund for Development during a visit by Palestinian international cooperation minister Nabil Shaath who arrived in the Kingdom last week. Deeb said the Palestinian Authority was facing a severe financial problem. Saudi Arabia has granted $250 million to two Arab funds launched in October 2000 to provide $1 billion in assistance to the Palestinians. A number of Saudi committees are raising funds from the public in support of the Palestinian intifada, or uprising.
SFD grants $45m aid to Palestinians



