Saudi transfers $60m to the PA

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The Saudi ambassador to Egypt Ahmed Abdulaziz Qattan announced that the kingdom will support the Palestinian Authority’s budget with $60 million.

Qattan said in a statement released by the Saudi Embassy media office in Cairo yesterday: “The Saudi Fund for Development has transferred a total of $60 million to the Palestinian Finance Ministry.” This is equivalent to the kingdom’s monthly contributions to support the Palestinian National Authority’s budget for the three months from April to June.

“Saudi Arabia will always support the Palestinian cause at all levels,” Qattan said adding that “the kingdom has been keen, since January 2013, to increase its share in the Palestinian Authority’s budget from $14 million to $20 million a month.”

Source: islamicnewsdaily

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