Saudis, Arab states drastically reduce aid to Palestinians
Arab grants and financial aid to the Palestinian Authority (PA) have decreased
since the beginning of this year by more than 81% compared to last year.
According to the Palestinian Ministry of Finance, Arab financial aid and grants for the Palestinian budget
decreased by 81.6% during the first eight months of the year. This year, according to the ministry, the total grants and aid amounted to 132.3 million Israeli shekels ($39.2 million) from the beginning of the year until late August compared to 716 million shekels ($212 million) during the same period last year.
Remarkably, the Saudi support declined by 77.2% according to the ministry, as the total support since the beginning of this year amounted to 107 million shekels ($31.7 million), compared to $130 million last year. Meanwhile, Algeria has not provided any financial aid since the beginning of this year.
Arab grants and financial aid to the Palestinian Authority (PA) have decreased since the beginning of this year by more than 81% compared to last year, exacerbating the financial crisis facing the PA.
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