EU to boost financial support for Palestinian Authority
- The European Union announced a financial aid package of up to 1.6 billion euros to support the Palestinian Authority and fund projects in the West Bank, Jerusalem, and Gaza.
- More than a third of the funds will support the Palestinian Authority directly, aiming to improve governance and services.
- 576 million euros will fund projects across various sectors in Palestinian territories, with 82 million euros allocated to the U.N. Agency for Palestinian refugees.
- EU Mediterranean Commissioner Dubravka `uica stated that a well-functioning Palestinian Authority is essential for post-conflict governance of Gaza.
97 Articles
97 Articles
The European Union promises EUR 1.6 billion for the Palestinian Authority
On Monday 14 April, Europeans held their first high-level political dialogue with the Palestinian government, two months after the one with Israel. Beyond the promised financial aid, Europe struggles to influence a political process.
EU announces €1.6bln financial aid package for Palestinian Authority
More than a third of the money, to be provided over two years, will come as direct budget support to the PA and is aimed at improving financial sustainability, democratic governance and services to help the private sector develop.
EU Announces USD 1.8 Billion Aid Package for Palestinian Authority
Get latest articles and stories on World at LatestLY. The European Union on Monday unveiled a financial aid package of up to 1.6 billion euros (USD 1.8 billion) to support the beleaguered Palestinian Authority and fund projects in the West Bank, Jerusalem and war-ravaged Gaza. World News | EU Announces USD 1.8 Billion Aid Package for Palestinian Authority.
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