EU provides extra financial aid to Palestinian authority

By NNN-KUNA,

Brussels : The European Union is providing an additional 40 million euro to the Palestinian Authority to help meet its current expenditures and ensure the continued delivery of public services.


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The funds will be used to help pay for salaries and pensions, social allowances to vulnerable Palestinian families and fuel for the power plant to provide electricity to the people of Gaza, the European Commission said in a statement Wednesday.

This amount is additional to the 440 euro million that the European Commission pledged last December in Paris to assist the Palestinians in 2008.

“I hope that other donors will continue to make every effort to fulfil their pledges or even go beyond, as we do today. If not, the situation of the Palestinian Authority will continue to be precarious,” said Benita Ferrero-Waldner, European Commissioner for External Relations, in the statement.

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